Birdwatch Note Rating
2023-06-27 13:13:10 UTC - HELPFUL
Rated by Participant: 7E0A563C23ED0A8E9950582AA16780A3C555B1DAAD4056AFABF823D32D7C46E4
Participant Details
Original Note:
This 8% claim has been repeatedly debunked as it comes from a theoretical calculation that included unrealized capital gains as taxable income even though current tax law does not. https://www.politifact.com/factchecks/2022/jul/13/joe-biden/joe-bidens-dubious-math-federal-income-tax-burden/#:~:text=the%20richest%20Americans%20pay,the%20richest%20pay https://www.cnn.com/2023/02/17/politics/biden-economy-facts-first/index.html#:~:text=it's%20important%20to,federal%20law https://www.factcheck.org/2023/02/bidens-tax-rate-comparison-for-billionaires-and-schoolteachers/
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