Birdwatch Note Rating
2023-03-19 01:52:01 UTC - HELPFUL
Rated by Participant: 9D0CFF7BBE411C2A61AD02DC2F15F4EA44946AA0BD449BA244C1284FA2D19E2E
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