Birdwatch Note Rating
2023-03-19 12:08:47 UTC - NOT_HELPFUL
Rated by Participant: 921015148112E229EF53EE3D65A75F0BCB2EE9155C77248EA4A0BD7950483892
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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