Birdwatch Note Rating
2023-08-12 00:13:46 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 13537E8C567FB1933A214BC94FDDFA611DCF0025C58BE5E1B803B4944F9D650B
Participant Details
Original Note:
The 16th Amendment was ratified in 1913 giving the Congress "permanent" power to impose taxes. https://www.archives.gov/milestone-documents/16th-amendment When the federal income tax was implemented, the rates were between 1 to 7% for different income levels. https://www.givemeliberty.org/docs/TaxResearchCD/TaxActs/IncomeTax1913.pdf 37% is the marginal tax rate, not the effective rate https://taxfoundation.org/data/all/federal/2023-tax-brackets/
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