Birdwatch Note Rating
2022-12-16 11:32:29 UTC - NOT_HELPFUL
Rated by Participant: 3B4A842A09CF54D087EF8F10F59E2F89A5036371639CD1D96BB0BDD8A61052C1
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