Birdwatch Archive

Birdwatch Note

2023-06-13 15:24:12 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

This in not entirely true. We are experiencing an “across-the-board” tax increase of 15% due to what is being termed The Inflation Tax. Inflation is running at 7% so $10,000 in 2020 in a savings account (IRA, 401k, etc.), will buy only about $8,700 worth of stuff today. https://www.forbes.com/sites/williamdunkelberg/2023/01/05/the-inflation-tax/?sh=1d6656162f03

Written by DF22223B52237283DCE9BD11D4F7F760EAF6BF06C71D9405EC2BB16EA7C39C4A
Participant Details

All Information

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• noteId - 1668640421348786176
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• noteAuthorParticipantId - DF22223B52237283DCE9BD11D4F7F760EAF6BF06C71D9405EC2BB16EA7C39C4A Participant Details
• createdAtMillis - 1686669852946
• tweetId - 1668635108117495809
• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
• believable -
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• summary
• This in not entirely true. We are experiencing an “across-the-board” tax increase of 15% due to what is being termed The Inflation Tax. Inflation is running at 7% so $10,000 in 2020 in a savings account (IRA, 401k, etc.), will buy only about $8,700 worth of stuff today. https://www.forbes.com/sites/williamdunkelberg/2023/01/05/the-inflation-tax/?sh=1d6656162f03