Birdwatch Note Rating
2023-03-18 22:19:52 UTC - NOT_HELPFUL
Rated by Participant: F82C778A4B306674BC7A6549776837809CD5E05851527BCBCABDEF47A4F6244B
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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