Birdwatch Note Rating
2022-12-15 21:59:02 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 32F5A29D0AB69211B9C7C62C4F56638CB6835C6229A52E49F96E1A57401BBE44
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