Birdwatch Note Rating
2024-03-08 17:47:19 UTC - NOT_HELPFUL
Rated by Participant: 538C7263580F9453EC9DDBB43593ECBF8A2F63B12FF2A43D1CE1B3AEBBBD6544
Participant Details
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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