Birdwatch Note Rating
2022-12-15 21:58:39 UTC - HELPFUL
Rated by Participant: 81B6F2859B1F89E5541A10D4A03E758F92BA69FC8C3762D8F6083F4D63B790D7
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