Birdwatch Note Rating
2023-08-11 23:23:28 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 27E99C5EA9EA9484116F421D8B6E9151E1688E5F9E93C0215714E33C1D3E38EA
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/
All Note Details