Birdwatch Note Rating
2023-03-19 01:40:11 UTC - HELPFUL
Rated by Participant: 463C03889EC84DA01F64453920A243B57A33891BFF5B71434D169DCBF99798EA
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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