Birdwatch Note Rating
2024-03-08 14:18:00 UTC - HELPFUL
Rated by Participant: 3F4CD47453BB35155D273CBCC7E492C15D774E2900E715C1313BD7DA8BDFF192
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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