Birdwatch Note Rating
2023-09-15 11:05:12 UTC - HELPFUL
Rated by Participant: 80D1D55D4BA874F53C1C592F61B08203B26A264470FABB8C08FF8244F4428A19
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