Birdwatch Note Rating
2023-12-02 20:28:09 UTC - HELPFUL
Rated by Participant: 801EF47667BB4A265482C460A08B6BB8CD8D4399730F8E355209F79C3722D4ED
Participant Details
Original Note:
$44 Billion a year is 2.5% of the $1.7 Trillion deficit and less than 1% of $6T in total federal spending https://bipartisanpolicy.org/report/deficit-tracker/ Taxing unrealized capital gains on the wealthy would be messy and would not be like everyone else And it targets $100 millionaires, not just billionaires https://taxfoundation.org/blog/biden-billionaire-tax-unrealized-capital-gains/
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