Birdwatch Note Rating
2023-06-11 21:41:40 UTC - HELPFUL
Rated by Participant: 946CD325658EFC7F2787E43D21EAC54316E36D42432009B55A56BDA8668FA850
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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