Birdwatch Note Rating
2024-03-08 13:38:21 UTC - HELPFUL
Rated by Participant: CBBCC3B44916EB4C8F2F4DB5F9862924EA8BDFEFA9FFD82158317E6CCECBB11F
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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