Birdwatch Note Rating
2023-09-15 13:27:30 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 9C053B9C35CB5435320126E54A7C149DEC1AC8777447A33F2A439F00E7A1D01D
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