Birdwatch Note Rating
2023-03-18 20:51:36 UTC - HELPFUL
Rated by Participant: 3F52E4BB5B9F2EDB7C5F24BA1F0B465F0AE07C83D4CAC8ED5CE7714DCA7DA96F
Participant Details
Original Note:
The proposed comments miss two key points which are explained in the links. First, while direct income is taxed at 25%, many wealthy folks don't get paid by salary. Second, while gains on bank accounts are taxable unrealized gains on stocks are not, which gives 8%, not 3%. https://www.politifact.com/factchecks/2022/jul/13/joe-biden/joe-bidens-dubious-math-federal-income-tax-burden/
All Note Details