Birdwatch Note Rating
2023-10-10 10:02:21 UTC - NOT_HELPFUL
Rated by Participant: BCE3D36DB6083E7B4D5B8CC1307132B87274DA637E8D51894D30B2A4D0B4CA06
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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