Birdwatch Note Rating
2021-10-27 00:13:28 UTC - HELPFUL
Rated by Participant: 16D55A22063736D549A9F8288FA61E9538A225071D4586FDE9D420B7777C91C5
Participant Details
Original Note:
1, this plan only affects Billionaires. & people with 100 million a year for > 3 years. No one else. So the example given is misleading. 2 the plan is annual, only net change over a year would generate either a gain or loss. Gains are taxable losses carry over https://www.oregonlive.com/nation/2021/10/what-is-the-billionaire-tax-and-how-would-it-work-oregon-senator-ron-wydens-proposal-aims-to-tax-only-those-with-extreme-wealth-to-fund-new-programs.html#:~:text=Under%20current%20law%2C%20those%20assets%20get%20taxed%20only,on%20any%20built-in%20gains%20that%20predate%20the%20tax.
All Note Details