Birdwatch Note Rating
2023-09-15 10:24:32 UTC - NOT_HELPFUL
Rated by Participant: 9DE3CEEC714F98DD2BF76A828D2886DE0D8F9FD7AA465E43CCD0917970E4F234
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