Birdwatch Note Rating
2023-09-15 12:00:22 UTC - HELPFUL
Rated by Participant: CD530B9A48213FA26513ACE65F3F3F782FD74EB16526B7BAC8C74FB76D193807
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