Birdwatch Note Rating
2023-03-18 22:11:18 UTC - HELPFUL
Rated by Participant: 763573F8990CC858A2F87B065960926A08D94103B58C11C57AA4AC4466215F76
Participant Details
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/
All Note Details