Birdwatch Note Rating
2023-09-15 17:19:50 UTC - NOT_HELPFUL
Rated by Participant: C67398AE9626659CE4D2EC0C2BF0F200A32C3EBFFF3E5A9A964AE6504F9D469C
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