Birdwatch Note Rating
2024-04-05 09:26:33 UTC - HELPFUL
Rated by Participant: 02F8841229328BD21F3E6038EB94D25EEFCAE5F1ED484A4DB64CEFE3976A18F4
Participant Details
Original Note:
The 8.2% tax rate figure for billionaires is based on analysis from the Council of Economic Advisors, which includes unrealised capital gains as income - this is not the current basis for taxable income in the US, but it's a justifiable measure. https://www.whitehouse.gov/cea/written-materials/2021/09/23/what-is-the-average-federal-individual-income-tax-rate-on-the-wealthiest-americans/
All Note Details