Birdwatch Note Rating
2022-12-15 21:59:39 UTC - HELPFUL
Rated by Participant: 7636631BC019F4F17E10E92EBA5552BC9B0E0A7D292D4D8A6EA478546E91B5E8
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