Birdwatch Note Rating
2022-12-15 19:28:13 UTC - NOT_HELPFUL
Rated by Participant: 46B0CFC148E1C792DDA13EAEB86C5664EF584F2368644FEA3D05AE6698264BBD
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