Birdwatch Note Rating
2023-03-18 21:43:21 UTC - HELPFUL
Rated by Participant: B8461A9E8EF809DD346F0C6364077CED20297D0617C30A95CDFE10F89044DF03
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