Birdwatch Note Rating
2024-09-15 13:04:32 UTC - HELPFUL
Rated by Participant: 8B059964AF456F859BFAD48A87C1EEF9CC911FA9194A6F678A824007349DF5A9
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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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