Birdwatch Archive

Birdwatch Note

2023-03-29 15:28:37 UTC - NOT_MISLEADING

This is true based on the tax proposal details we currently have. Biden is proposing raising the corporate income tax rate and the top marginal tax rate on income above $400,000. There is also a proposal to tax stock buybacks at a higher rate. https://taxfoundation.org/biden-budget-tax-proposals-analysis/#:~:text=President%20Biden's%20Fiscal%20Year%202024%20Budget%20outlines%20several%20major%20tax,in%20new%20taxes%20on%20net.

Written by 1E720E04C788C0F61E22D1B571C3DED9D7F6B5BACF81F42CE4527ADB843A9AC5
Participant Details

All Information

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• noteId - 1641100053459898368
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• noteAuthorParticipantId - 1E720E04C788C0F61E22D1B571C3DED9D7F6B5BACF81F42CE4527ADB843A9AC5 Participant Details
• createdAtMillis - 1680103717566
• tweetId - 1641077775778865156
• classification - NOT_MISLEADING
• believable -
• harmful -
• validationDifficulty -
• misleadingOther - 0
• misleadingFactualError - 0
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• summary
• This is true based on the tax proposal details we currently have. Biden is proposing raising the corporate income tax rate and the top marginal tax rate on income above $400,000. There is also a proposal to tax stock buybacks at a higher rate. https://taxfoundation.org/biden-budget-tax-proposals-analysis/#:~:text=President%20Biden's%20Fiscal%20Year%202024%20Budget%20outlines%20several%20major%20tax,in%20new%20taxes%20on%20net.