Birdwatch Note Rating
2024-03-08 14:18:26 UTC - HELPFUL
Rated by Participant: D9559FEF778CB9AB4294742B2FBD176F27AC2F19ADA76B3297A87E932A0AE876
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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