Birdwatch Note Rating
2023-09-15 10:58:23 UTC - SOMEWHAT_HELPFUL
Rated by Participant: F6700CE6C398D88F68989BD0B4936602C790E4F7DAA7C6B0AB49AE53BD11CCC4
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