Birdwatch Note Rating
2022-12-16 02:06:37 UTC - HELPFUL
Rated by Participant: EE308678363E1A6E2589FDC805538DF11CCBA8FB5DE7E8A1043E6C944669B1EB
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