Birdwatch Note Rating
2022-12-15 21:53:39 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5C789A8D124AC0AF5472A7E1AE084D0452B95851C262981F377DB0B084923E4D
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