Birdwatch Note Rating
2023-03-18 21:51:18 UTC - NOT_HELPFUL
Rated by Participant: A32F1E10B635E0DAA659099498790FD6707C9C81300B33AF1D0D62054FADCC54
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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