Birdwatch Note Rating
2022-11-08 16:01:02 UTC - NOT_HELPFUL
Rated by Participant: A30E23B01F927C4387616E33DE422C96B4F9A9B45B8ACA619267391F3D77B5A8
Participant Details
Original Note:
While the Inflation Reduction Act reduces the number of large corporations that are non-payers of tax, its minimum tax applies to companies with $1 billion in annual income. Only 14 of the 55 largest U.S. companies that didn't pay tax in 2021 had that level of income. https://www.cnn.com/2022/11/05/politics/fact-check-biden-midterms-2022/index.html https://www.bakerinstitute.org/research/inflation-reduction-act-2022-corporate-minimum-tax-faces-major-issues
All Note Details