Birdwatch Note Rating
2024-03-08 09:13:41 UTC - HELPFUL
Rated by Participant: 93A22852A0770C3493C35D46EC5E02ACF6999874819E8E583A1CDCC27BD47C80
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
All Note Details