Birdwatch Note Rating
2023-03-18 20:50:28 UTC - HELPFUL
Rated by Participant: 141CE63C4C1BB1F9B6F2C9A499ABE8A7F236E1083A2C91A7CFD9FF27566E28FF
Participant Details
Original Note:
Total effective tax rates on the very wealthy are quite low. Poor people pay sales tax, employers shift tax burdens by lowering salaries, and the wealthy find loopholes that others cannot access. See the citations here for academic economic evidence: https://www.whitehouse.gov/cea/written-materials/2021/09/23/what-is-the-average-federal-individual-income-tax-rate-on-the-wealthiest-americans/
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