Birdwatch Note Rating
2022-12-15 21:59:02 UTC - SOMEWHAT_HELPFUL
Rated by Participant: DEE3BD6C035834A26BB5F022C55ABE898FBA34AE54F153336C8A71DBEC223C18
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