Birdwatch Note Rating
2024-03-08 12:09:49 UTC - SOMEWHAT_HELPFUL
Rated by Participant: A82731A2382BDBD851BA6C987F89ED99B0B92AB765176C7A5B28310A492C2D4C
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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