Birdwatch Note Rating
2023-03-19 03:57:38 UTC - HELPFUL
Rated by Participant: 7F6E0B91AE6E075D4C9C49BF44CCD38AD65231B407BC978533F622C0B9CAD1AE
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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