Birdwatch Note Rating
2022-12-16 04:09:42 UTC - NOT_HELPFUL
Rated by Participant: 27298A636F1265354AA56AF0E40E2B77FFF7540A5B0F7B385726E6EB666F893E
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