Birdwatch Note Rating
2023-03-18 21:43:41 UTC - NOT_HELPFUL
Rated by Participant: 803CEE394E0F3E70D4176A8A2D86F197E68B4CD82367AF3F816B5669B0545937
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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