Birdwatch Note Rating
2023-06-15 18:13:22 UTC - HELPFUL
Rated by Participant: 1EC6AD4F16DF94158FA809D476064346BC76DD4E4A92C5B12ABC9F144AD30AC9
Participant Details
Original Note:
The top federal income tax bracket is 37%, not 40%. Even then an individual would need to be earning more than $500,000 a year to be taxed at that rate which is only the top 1% of earners in the United States https://smartasset.com/taxes/current-federal-income-tax-brackets https://www.bloomberg.com/news/articles/2019-10-16/americans-now-need-at-least-500-000-a-year-to-enter-the-top-1#xj4y7vzkg
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