Birdwatch Archive

Birdwatch Note Rating

2023-11-30 17:56:41 UTC - HELPFUL

Rated by Participant: 73D7D21ED14C6B401577FC46D2B82FBE19F44B595224D52306D57F8860F1C60C
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/

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Original Tweet

All Information

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  • helpfulnessLevel - HELPFUL
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