Birdwatch Note Rating
2023-09-15 14:07:24 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 99229E0B6511B46C715331AA098A4D773BDADE11F91F4DD5E8B20658ED123DA1
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