Birdwatch Note Rating
2023-03-19 04:45:57 UTC - NOT_HELPFUL
Rated by Participant: E614CD4D826F594EDAA9756F7FD19235413884EF93F61CCEABE2B2825EB76F37
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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