Birdwatch Note Rating
2024-01-09 07:48:03 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 7EBCA3668757D65ADFF398756DEB5FB1614F9A67932594BB29C1C1EA18BB6483
Participant Details
Original Note:
The use of the term "profit" is not correct here. The number he mentions amounts to the unrealized gains on investments -the difference between current value of investments and the value at acquisition. Unrealized gains accrue over many years, not just the last. https://en.wikipedia.org/wiki/Capital_gains_tax?wprov=sfla1
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