Birdwatch Note Rating
2023-10-09 12:24:32 UTC - SOMEWHAT_HELPFUL
Rated by Participant: B6C712E1144343A358DB905CC1255101AA304A099059D88D18F094A3B55F1245
Participant Details
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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