Birdwatch Note Rating
2023-12-01 06:35:08 UTC - NOT_HELPFUL
Rated by Participant: 6163504B8058E6B41A93B247AB2CEAB822368459A090233D7ACC37E42E64D702
Participant Details
Original Note:
While the top marginal tax rate on earned income is 37%, the effective tax rate on billionaires is much lower, possibly as low as 8%, due to tax rules favoring passive income and investments. https://www.whitehouse.gov/omb/briefing-room/2021/09/23/new-omb-cea-report-billionaires-pay-an-average-federal-individual-income-tax-rate-of-just-8-2/
All Note Details