Birdwatch Note Rating
2023-09-15 16:04:00 UTC - HELPFUL
Rated by Participant: A015CED135A72CD33C71E3A3C025973B729893671163154CD22534AC588A19FF
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