Birdwatch Note Rating
2024-03-09 13:41:27 UTC - HELPFUL
Rated by Participant: 43B796B3CC1094D51FF543934BA6ABDA934279C4BFC46A66D4E9FC35C12658FD
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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