Birdwatch Note Rating
2024-03-12 15:35:05 UTC - HELPFUL
Rated by Participant: 5A76159C44CFC31BFDC563D5DCA44EB0139758055349C7BA4C8782BCA34FCD71
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Original Note:
The Federal Rate on investment income of 44.6% would only apply to those with an income of over $400,000. https://www.cato.org/blog/8-biggest-tax-increases-bidens-budget Bloomberg specifies “the richest taxpayers would pay a 44.6% federal rate on investment income and other earnings” https://www.bloomberg.com/news/articles/2024-03-11/capital-gains-hikes-at-center-of-biden-s-second-term-tax-agenda
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