Birdwatch Note Rating
2023-09-15 10:25:32 UTC - HELPFUL
Rated by Participant: 58328C0B99341930CABF88DF2726859D626B3F6DF6D4EB2916E8214628193732
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