Birdwatch Note Rating
2024-03-09 03:43:21 UTC - HELPFUL
Rated by Participant: 1B36004C6866E8E0047F7140DFDB57C46521381D6341A9196330A6E003157458
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Original Note:
Although higher tax rates apply to higher taxable incomes, due to exemptions, deductions and credits, "the wealthiest can — perfectly legally — pay income taxes that are only a tiny fraction of the [amount] their fortunes grow each year." https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
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