Birdwatch Note Rating
2023-12-01 02:55:40 UTC - HELPFUL
Rated by Participant: 6FCC87CA8057EA52E49787AC9BB44A173850FADF7F796020BD3C1FD9E80220F0
Participant Details
Original Note:
The wealth of super-rich is from unrealized gains. It cannot be taxed without violating property laws. When they sell stock from their companies or earn dividends, the super-rich pay more taxes than anybody. In 2021, Elon Musk paid $11 billion in taxes from a $14 billion sale. https://www.cnbc.com/amp/2021/12/20/elon-musk-says-he-will-pay-over-11-billion-in-taxes-this-year.html
All Note Details