Birdwatch Note Rating
2025-01-14 10:48:51 UTC - HELPFUL
Rated by Participant: 28817E94EAF63C02677C581633A92E316E2797FAA91B776DD2B01632E6D82237
Participant Details
Original Note:
The US federal tax system is incredibly progressive, even with recent tax cuts and loopholes. The top 1% contribute 40% of all income tax revenues. The top 5% contribute another 21%. This is a greater percentage than their AGI, meaning they pay *more* than their share. https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2025/#:~:text=High%2DIncome%20Taxpayers%20Paid%20the%20Majority%20of%20Federal%20Income%20Taxes,of%20all%20federal%20income%20taxes.
All Note Details