Birdwatch Note Rating
2024-04-05 06:09:01 UTC - HELPFUL
Rated by Participant: D658F4F49592873538D1BA43D84400E98728BB6899E99D8101CF7D4692DB275C
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Original Note:
The 8.2% Biden quotes is from a 2021 White House study that includes capital gains income not presently part of federal law. The top 1% of US earners are currently paying an average federal income tax rate of more than 20%, according to the US Treasury Dept. https://www.nytimes.com/live/2024/03/08/us/sotu-fact-check?smid=nytcore-ios-share&referringSource=articleShare https://home.treasury.gov/system/files/131/Graph-Distributional-Analysis-2024-11162023.pdf https://www.politifact.com/article/2024/mar/08/biden-2024-state-of-the-union-address/ https://www.whitehouse.gov/omb/briefing-room/2021/09/23/new-omb-cea-report-billionaires-pay-an-average-federal-individual-income-tax-rate-of-just-8-2/ https://www.washingtonpost.com/politics/2024/01/23/biden-keeps-saying-billionaires-pay-8-percent-taxes-not-really/
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