Birdwatch Note Rating
2023-03-18 21:55:32 UTC - SOMEWHAT_HELPFUL
Rated by Participant: AACCC71FD9DEFAD8C08C21220E7DF9B0D17A651880639CC58F24999A3ECE55A8
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