Birdwatch Note Rating
2025-02-04 09:50:36 UTC - HELPFUL
Rated by Participant: 22A45EBACC73106C779D2511F9F9034ADA0DFD7EC4AF8118724D93EB1D3157DC
Participant Details
Original Note:
The top 1% of earners in US paid 31.5% in total federal tax in 2024 https://home.treasury.gov/system/files/131/Graph-Distributional-Analysis-2024-11162023.pdf More specific data is only available from 2014 and earlier. That year, the top 400 earners paid an effective tax rate of 23.1%, equating to $29.4bn in taxes. The same year, USAID budget was $47.8bn https://www.irs.gov/pub/irs-soi/14intop400.pdf https://www.usaid.gov/fact-sheet/state-department-and-usaid-budget#:~:text=The%20FY2014%20budget%20request%20of,America's%20leadership%20in%20the%20world.
All Note Details