Birdwatch Note Rating
2024-04-15 22:18:36 UTC - HELPFUL
Rated by Participant: C6C59078EA702EC635B7A888990C3C9758E1DFD133AC8BDAA494B0C0685B9179
Participant Details
Original Note:
The following pay a 37% federal income tax. Single: ~609k > Joint married: ~731k > Married filed separately:~365k > Head of household:~609k > https://www.nerdwallet.com/article/taxes/federal-income-tax-brackets#:~:text=In%202023%20and%202024%2C%20there,35%25%2C%20and%2037%25. Capital gains tax has brackets of 15% and 20%. More information: https://www.investopedia.com/terms/c/capital_gains_tax.asp The top 1% pay 45.8% of all US federal taxes. https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/#:~:text=High%2DIncome%20Taxpayers%20Paid%20the%20Majority%20of%20Federal%20Income%20Taxes,of%20all%20federal%20income%20taxes.
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