Birdwatch Note Rating
2023-12-02 18:41:23 UTC - HELPFUL
Rated by Participant: D45E2C7677FCBBE00A2625182CA1C508BA380AB198A6B3FDDB973E40E2B31D23
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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