Birdwatch Archive

Birdwatch Note Rating

2023-09-15 10:50:35 UTC - NOT_HELPFUL

Rated by Participant: B8994860E462F1A94C71F3FF7083F5A7415D66AE65A62452736A54150C709437
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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/

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All Information

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