Birdwatch Note Rating
2022-12-16 03:25:41 UTC - HELPFUL
Rated by Participant: B4EA41C91BD4D57EBCEF46FD0F415C9F427EB54EE8A1E6A7A6210B0FAD6B2617
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