Birdwatch Note Rating
2024-03-08 11:03:50 UTC - NOT_HELPFUL
Rated by Participant: 7293B35D10C6CAABEA9590669876E0CEE096AFD1187E67A4BACC83FFAC60C739
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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