Birdwatch Note Rating
2022-12-16 08:10:08 UTC - HELPFUL
Rated by Participant: 9C5E0CABD162E099405F067F7189252376388B33E805E927E91E792B7BA88A14
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