Birdwatch Archive

Birdwatch Note Rating

2023-04-22 18:54:56 UTC - HELPFUL

Rated by Participant: 7791D324BB35055F429B10070440577312DC87519B8B0CE88E343C78AE85B126
Participant Details

Original Note:

Biden’s 8% tax rate claim comes from a theoretical calculation that included unrealized capital gains (increase in the value of unsold stocks) as income, which does NOT align with US tax laws. In reality, tax liability occurs once stocks are sold for actual profit. https://www.politifact.com/factchecks/2022/jul/13/joe-biden/joe-bidens-dubious-math-federal-income-tax-burden/ https://www.factcheck.org/2023/02/bidens-tax-rate-comparison-for-billionaires-and-schoolteachers/ https://www.cnn.com/2023/02/17/politics/biden-economy-facts-first/index.html#:~:text=billionaires%20and%20taxes

All Note Details

Original Tweet

All Information

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  • helpfulnessLevel - HELPFUL
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  • ratingsId - 16498179582338088977791D324BB35055F429B10070440577312DC87519B8B0CE88E343C78AE85B126