Birdwatch Note Rating
2023-07-12 01:12:44 UTC - HELPFUL
Rated by Participant: 04EBD578EB0867781281B6EF76A200EF229847B5F3C307CF5B1A1F7A26E5D8F7
Participant Details
Original Note:
The top tax rate in the US is 37%, not including state taxes. https://www.forbes.com/advisor/taxes/taxes-federal-income-tax-bracket/ Furthermore, the 8% figure noted is simply a hypothetical given by a WH commissioned study on taxing unrealized capital gains. At best, this is a partisan manipulation of data to advance tax policy. https://www.politifact.com/factchecks/2023/feb/20/joe-biden/in-push-for-billionaire-tax-joe-biden-gets-his-fig/
All Note Details