Birdwatch Note Rating
2023-06-27 12:18:38 UTC - HELPFUL
Rated by Participant: B2F08F5312DBFD40A6FAB14C9AD58365B941E79257D1ED060E81A661260C240F
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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