Birdwatch Note Rating
2023-03-29 16:05:23 UTC - NOT_HELPFUL
Rated by Participant: ADF97A91912CF8DAB7A318D4F42C6851D2BCD5D2C73A54B8C030C286F4E2DD23
Participant Details
Original Note:
This is true based on the tax proposal details we currently have. Biden is proposing raising the corporate income tax rate and the top marginal tax rate on income above $400,000. There is also a proposal to tax stock buybacks at a higher rate. https://taxfoundation.org/biden-budget-tax-proposals-analysis/#:~:text=President%20Biden's%20Fiscal%20Year%202024%20Budget%20outlines%20several%20major%20tax,in%20new%20taxes%20on%20net.
All Note Details