Birdwatch Note Rating
2023-09-15 10:00:20 UTC - NOT_HELPFUL
Rated by Participant: 1FACD774950B16A671BA4B8727DA05C448F25A150EE3D3AB6DD9300A47C5131C
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