Birdwatch Note Rating
2022-12-15 22:03:03 UTC - HELPFUL
Rated by Participant: B19DCFA26068431A83937E18A89A9F5D7ED8303B96F9FEC2E7807BA860CDB0A5
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