Birdwatch Note Rating
2024-01-09 13:12:12 UTC - HELPFUL
Rated by Participant: 632A65110F7B6C1205010E2E13854E475EA77634D17D7732D430E30B4FD05A12
Participant Details
Original Note:
High-Income Taxpayers Paid the Majority of taxes. In 2020, the bottom half of taxpayers earned 10.2% of total AGI and paid 2.3% of all federal individual income taxes. The top 1% earned 22.2% of total AGI and paid 42.3% of all federal income taxes. Source: https://taxfoundation.org/data/all/federal/summary-latest-federal-income-tax-data-2023-update/#:~:text=High%2DIncome%20Taxpayers%20Paid%20the%20Majority%20of%20Federal%20Income%20Taxes,of%20all%20federal%20income%20taxes.
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