Birdwatch Note Rating
2023-10-09 11:50:46 UTC - NOT_HELPFUL
Rated by Participant: FA8F0D099278C668C668756C22B0AAF27A04F3AF6D3059C19A9C6B828CE0E56E
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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