Birdwatch Note Rating
2023-03-18 23:14:46 UTC - NOT_HELPFUL
Rated by Participant: 33ADA05430AF9F021EF972F9B30E425AA149B49E8E336B8CF12DC4004438B564
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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