Birdwatch Note Rating
2023-09-15 14:19:56 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E5B45E2654FAD3BBA0FD230A5226139DFB2DAF967EFD6FEED61F307E5CF451CF
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