Birdwatch Note Rating
2023-12-01 01:33:51 UTC - HELPFUL
Rated by Participant: B31534E4F3D6C21A9E4F540F59190037882C2B4EBC7002A1FFDB9FD10AE3E90A
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