Birdwatch Archive

Birdwatch Note Rating

2023-03-18 22:14:49 UTC - NOT_HELPFUL

Rated by Participant: 22B8D2538D186C242D2CF140AF40F512A2E60EDC20064EF6CAB369B27CFA60F9
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Original Note:

The image includes a misstated figure of 3% rather than the Whitehouse’s own calculation of 8.2%. The 8.2% figure counts unrealized gains on the theoretical market value of assets. Billionaires do often benefit from unrealized gains, and loopholes like basis step-up exist. https://www.factcheck.org/2023/02/bidens-tax-rate-comparison-for-billionaires-and-schoolteachers/

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