Birdwatch Note Rating
2025-02-04 11:03:47 UTC - HELPFUL
Rated by Participant: A73101A5486A202D8BD2006A4A670BB85FB72AD17BDC59EA0FA31A2678587B2F
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.
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