Birdwatch Note Rating
2024-10-24 20:47:42 UTC - HELPFUL
Rated by Participant: CB56C1BC3E26E1C50D935E5EF4B46800171CFBEB8BA402F0B91B1CC8C1F75C7B
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Original Note:
FALSE. The top 1% making over $540,000 annually, contribute about 40% of all federal income taxes. The top 5% (earning over $220,000) account for roughly 60% of all federal income taxes, and the top 10% (earning over $151,000) pay about 70%. https://www.taxpolicycenter.org/briefing-book/how-does-federal-government-collect-taxes
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