Birdwatch Note Rating
2024-03-13 10:06:57 UTC - HELPFUL
Rated by Participant: 036A33ECF0FF7A9FB4218954BA3A112B36634EF794AAAC9ECB3E2D951A041939
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Original Note:
The wealthiest people have multiple financial tools available to avoid taxes. https://www.usatoday.com/story/money/taxes/2023/02/21/how-do-rich-people-avoid-taxes/11308215002/ https://www.propublica.org/article/billionaires-tax-avoidance-techniques-irs-files Any new taxes created inevitably hurt the poor and middle classes as the deficit in tax revenue is offset by borrowing more money from a private bank, The Federal Reserve, to makeup the difference.
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