Birdwatch Note Rating
2022-12-15 21:52:11 UTC - NOT_HELPFUL
Rated by Participant: A847D3E40764BCC5B569DB09DAB246BC7D578DB01BA6B5DFE436E0BE789E4BB2
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