Birdwatch Note Rating
2024-04-05 21:46:48 UTC - HELPFUL
Rated by Participant: 5D7A1C9D9452DF16A805B4F8F71AB981264EE042C7C6A794B57D7029DDD90B1D
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/
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