Birdwatch Note Rating
2023-09-15 13:45:57 UTC - NOT_HELPFUL
Rated by Participant: 00CB6F08864A3F79FFF55AFBCC7FC57A1BBB5424C90EA8AC8049386FD6BEA8CF
Participant Details
Original Note:
To arrive at the 8% figure cited, the authors estimate the change in overall, unrealized wealth instead of traditional income as used by the IRS and state governments. Their analysis doesn’t estimate the tax rate according to official definition. https://www.whitehouse.gov/cea/written-materials/2021/09/23/what-is-the-average-federal-individual-income-tax-rate-on-the-wealthiest-americans/
All Note Details