Birdwatch Note Rating
2024-03-08 15:23:31 UTC - HELPFUL
Rated by Participant: 2029843C7EC56AD487FA433C67C9F781B58D651979083F0D6727F3D1C5181C87
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Original Note:
NNN – Nominal marginal tax rate or the absolute amount of income tax paid are completely irrelevant as neither of those contradict the point. In practice, the real tax rate for the ultra-rich can be anything and very rarely that 25 %: https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax One notable exception is Elon Musk. https://edition.cnn.com/2022/02/10/investing/elon-musk-tesla-zero-tax-bill/index.html
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