Birdwatch Note Rating
2022-12-15 18:40:29 UTC - HELPFUL
Rated by Participant: B6B98CBABFE07B33B7FDC7C9ADC6C5AB5104BE95908AAD7F7B2181EDF51583A3
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