Birdwatch Note Rating
2023-03-19 16:24:08 UTC - SOMEWHAT_HELPFUL
Rated by Participant: EC58D5515170616FCB433E508F43D6807690E18052D7D9A91D63F3EA395FB8C9
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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