No it's not! It's way, way lower than that. On June 4th, the CDC estimated that the true mortality rate is 0.26%. It's probably way lower than that. Why? Because the number of unconfirmed cases is at least on a 10X factor to the number of confirmed cases. There have been myriad studies done on this and even the ones done in the Republic of California said that the actual number of cases is at least 10X the number of confirmed cases. Unreported deaths isn't really a thing, so only the number of actual cases increases. So, take the number of deaths attributed to C19 and divide it by (10 X number of confirmed cases).