Birdwatch Note Rating
2023-09-15 18:18:52 UTC - HELPFUL
Rated by Participant: 8BB2154562BA91EF52CAED2B70D8F73C9F8B06153B6A9CE88A8863B6951D4BAC
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