Birdwatch Note Rating
2023-10-09 05:37:23 UTC - HELPFUL
Rated by Participant: 2AAE62B132EBFF052B3F625D2A3D818408EE4709B492AFBB8B7AEB0705D1ED92
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Original Note:
Notes pointing to high income tax rates ignore the fact that many billionaires derive their wealth through capital gains, which is taxed at a much lower rate (e.g. when selling a company or stock). Other billionaires use loopholes to avoid paying tax on billions. One example: https://www.nbcnews.com/tech/tech-news/billionaire-investor-peter-thiel
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