Birdwatch Note Rating
2023-09-15 10:27:29 UTC - NOT_HELPFUL
Rated by Participant: 6677158FB9557431884C9CEF7B2B2F60DBE35B1FAFC0EA7554F9E66E10D3DF6E
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