Birdwatch Note Rating
2023-09-15 13:37:38 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 61C76868FDB5ADA45C0EB3B2D14716D58303FA98D74B93AE0BFEDC3E2AB62F73
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