Birdwatch Note Rating
2024-03-09 11:00:37 UTC - HELPFUL
Rated by Participant: 525EFB9CCC2244C026EE14F923E5EFB236C9C607ABFE076449A6D42DAC38511F
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/
All Note Details