Birdwatch Note Rating
2023-03-19 03:57:38 UTC - HELPFUL
Rated by Participant: 313317BF52997610796E02455858BAEFD339EF142CF96C39123A143929B9BAFE
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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