Birdwatch Note Rating
2022-12-15 22:20:08 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 52F9E150B8F17BBC6E3E22581EF80499D12AD8FA3EF06C657F396A33A75432BC
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