Birdwatch Note Rating
2022-12-15 21:41:26 UTC - HELPFUL
Rated by Participant: B60891239D24C24B1B6E0E313B697E2EE331AA6EC4105BD0044FE5B512C60F47
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