Birdwatch Note Rating
2023-03-19 02:09:38 UTC - HELPFUL
Rated by Participant: 6A1E25C69E1D50FDDF758E2934E588107D0161126A447055D71364F133AE9AA5
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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