Birdwatch Note Rating
2023-03-19 02:09:38 UTC - HELPFUL
Rated by Participant: AD4A4DDBE7FF69C66D83B482D1FB4878C2C342D5FFA6FBEB986FB5AB09F0972E
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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