Birdwatch Note Rating
2023-03-19 14:26:04 UTC - NOT_HELPFUL
Rated by Participant: CDAFC225CAB59A0B78C248D947E1E216BDC565F3CAEE0A0F6075BC97B448127F
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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