Birdwatch Note Rating
2024-11-19 23:44:45 UTC - HELPFUL
Rated by Participant: 01BCFE016F4F89845D9B5B8A797282A53972D73F91313AF02298460ACD1148CC
Participant Details
Original Note:
Image is misunderstood because it shows the top *marginal* tax rate and not effective tax rate. You can marginally be €1 over a tax bracket but effectively taxed way lower. So effective tax rate is a more accurate representation of how much taxes are actually paid. https://www.investopedia.com/terms/e/effectivetaxrate.asp#mntl-sc-block_26-0
All Note Details