Birdwatch Note Rating
2023-09-15 10:50:41 UTC - NOT_HELPFUL
Rated by Participant: C8B5499CA297A606C07CFE93C57E10F97DF587D7845F4445A3918E1F15D39FA5
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