Birdwatch Note Rating
2023-08-12 09:54:59 UTC - HELPFUL
Rated by Participant: A27C24E709893EAFFC585DA1E4CCA6B525104529678B1F0A154C7DC0BB786D95
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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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