Birdwatch Note Rating
2023-01-28 03:01:49 UTC - HELPFUL
Rated by Participant: AB5914C526F3BFE9A1365482B6BCCED22E6C6DBB92409905EBAAEE3CF2CEAE58
Participant Details
Original Note:
Other contributors claim that the equivalent income tax rate would be 30%. That’s backwards. The equivalent income tax rate would be 23%. The SALES tax rate would be 30%. The bill proposes changing how the sales tax is presented to make it more comparable to income tax. https://www.vox.com/policy-and-politics/2023/1/26/23563563/fairtax-national-sales-tax-kevin-mccarthy
All Note Details