Birdwatch Note Rating
2024-03-08 14:12:40 UTC - HELPFUL
Rated by Participant: 2D8C350D473710E6A4517B4C74B9764A1854550563B812FF98330681862C41D0
Participant Details
Original Note:
Tax rate is a misleading measure of tax collection. Top 1% pays 42%, earns 22% Top 10% pays 73%, earns 50% Too 25% pays 89%, earns 71% Top 50% pays 97%, earns 90% High income earners pay far higher proportion of taxes than low-wage earners compared to what they earn. https://taxfoundation.org/data/all/federal/summary-latest-federal-income-tax-data-2023-update/
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