Birdwatch Note Rating
2023-03-20 15:26:06 UTC - NOT_HELPFUL
Rated by Participant: C64B88340838A4F626D5DC129F8BDBB44C906B933C9A35B729DB8961391BEC1F
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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