Birdwatch Note Rating
2023-03-18 20:50:28 UTC - HELPFUL
Rated by Participant: C36913C51C9157A1D8228D342A4F93ADEA4E94CC44C936C8EA52C400D8D2A536
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