Americans For Tax Fairness

Anyone else notice that the “context” provided by @CommunityNotes on tweets about taxes seems to have a pretty clear pro-billionaire, pro-Republican bias?

Let’s break it down 🧵 https://t.co/o9nUfTYdqA

This one is perhaps the most shocking.

That $163 billion referenced by @RBReich is money the richest 1% owe in taxes but fail to pay every year.

Wealthy people make up a large part of the tax gap—so no, the wealthy do not “overwhelmingly follow the laws.” https://t.co/GM74VgC9jq

This one below President Biden’s tweet was seen by millions of people.

The fact is billionaires derive a huge part of their income from unrealized capital gains, so it’s fair to include those gains when calculating their true tax rate. https://t.co/TbLdi6S6n1

The note then is simply arguing that billionaires are not paying taxes on all their income. https://t.co/BW8BaSvaPC

This note links to the GOP-written bill for a national sales tax.

The note implies that a national sales tax of ~30% would adequately replace the current income tax.

But some experts say the tax would have to be closer to 60% to make up for eliminating all other federal tax. https://t.co/HBCdYFlNgh

And regardless of whether the bill eliminates income taxes or not, the plan DOES levy a 30% national sales tax on the American people. An item with a base cost of $1 would cost $1.30 with this tax.

The only purpose of this note is to counter argue in favor of the proposal. https://t.co/Wklm2jJTMe

You can read more from @JuddLegum here on other instances of @CommunityNotes having a distinct bias and agenda:
https://popular.info/p/twitter-cant-handle-the-truth

Thu Mar 02 18:05:23 +0000 2023