Birdwatch Note Rating
2022-12-15 22:05:27 UTC - NOT_HELPFUL
Rated by Participant: F4CA2121937B4366D2FC8B5F55F7177BE6B5B720478467E378E8704C1BFF13C3
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