Birdwatch Note Rating
2023-07-12 03:17:36 UTC - HELPFUL
Rated by Participant: 6C48CB4A8CFC46FEC855FA412C3C4B500C6C4D3E26E22628A848F9F26330F970
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/
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