Birdwatch Note Rating
2023-03-19 00:42:51 UTC - HELPFUL
Rated by Participant: 970D2463830014289355702524859362E6C5CADDC57AE6D17C1679C9EBBFF7EF
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/
All Note Details