Birdwatch Note Rating
2023-08-12 05:34:06 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 8BB2154562BA91EF52CAED2B70D8F73C9F8B06153B6A9CE88A8863B6951D4BAC
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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