Birdwatch Note Rating
2022-12-16 03:25:41 UTC - HELPFUL
Rated by Participant: C1E6B1A71B570503D56E0A929BE0B699693EC3B9785BF126C7673ADEC739A43D
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