Birdwatch Note Rating
2023-03-19 06:53:00 UTC - HELPFUL
Rated by Participant: 25B4247A38DB4FB31AE4A3F4C3C4599650EBE571F9B3A53AD3DE6D84032E5693
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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