Birdwatch Note Rating
2024-03-08 12:03:07 UTC - NOT_HELPFUL
Rated by Participant: E5CAE8507E4431A6E81F194062EE93616B4804D6E61087E1E647D2C1317AF55E
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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