Birdwatch Note Rating
2022-12-15 18:12:07 UTC - HELPFUL
Rated by Participant: 07C2618CF5A8445C787DE8ED9608E2A7A7A0170BB112B2E1906138A7D627EEE6
Participant Details
Original Note:
The estimated amount is likely incorrect. The proposed tax plan would place a 20% minimum effective income tax rate on households with a net value over $100M and include unrealized capital gain in income. This would be considered pre-paid taxes when gains are realized. https://taxfoundation.org/biden-billionaire-tax-unrealized-capital-gains/
All Note Details