Birdwatch Note Rating
2023-12-16 16:57:35 UTC - HELPFUL
Rated by Participant: 003F780D3B6933BBF7368DCA9D59AECBC659C0556B6AD7F273924254748E8F7B
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Original Note:
Wealth is not defined. Income #s are similar, yet do not taken into account govt transfer payments to low-income families, close to $45,000 annually, and exclude the impact of taxes, which lower the income gap to a factor of 4 between the highest and lowest quintiles. https://www.hoover.org/news/senator-phil-gramm-john-early-dispel-myths-income-inequality-america
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