Birdwatch Archive

Birdwatch Note Rating

2023-02-19 15:09:12 UTC - NOT_HELPFUL

Rated by Participant: 45F735ADC38E70C78B3BE41161F401E3DE5CA0F2E0371DA05C0C38219EBC9A42
Participant Details

Original Note:

Biden’s 8% tax statement comes from a theoretical calculation that would include unrealized capital gains (increase in the value of unsold stocks) as income even though it isn't taxable under existing federal law. (Taxes legally occur when stocks are sold for profit.) https://www.cnn.com/2023/02/17/politics/biden-economy-facts-first/index.html https://www.politifact.com/factchecks/2022/jul/13/joe-biden/joe-bidens-dubious-math-federal-income-tax-burden/ https://www.whitehouse.gov/cea/written-materials/2021/09/23/what-is-the-average-federal-individual-income-tax-rate-on-the-wealthiest-americans/

All Note Details

Original Tweet

All Information

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