Birdwatch Note Rating
2024-01-09 23:18:54 UTC - HELPFUL
Rated by Participant: C9D07428996BD20BD52A5A96A5CF2B2D90E90D6D44667CB34C40A9BEEF4B9FBB
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
All Note Details