Birdwatch Note Rating
2023-09-15 13:08:42 UTC - HELPFUL
Rated by Participant: 67AC3EA70C1854DB7643EFC914C59F761B307A648E61D5F8BEE1D47E32D13471
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