Birdwatch Note Rating
2023-09-15 11:48:34 UTC - NOT_HELPFUL
Rated by Participant: C47938A965CE9C60B2F6D2D9F1B46B7028A6F0A4558B4E689BB04525ED3ACA8E
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