Birdwatch Note Rating
2023-09-15 10:55:46 UTC - NOT_HELPFUL
Rated by Participant: E798F0E772DF58EAC14A31E4C3400265CE6FA6EF3C9A979E37771EF92F6EE56A
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