Birdwatch Note Rating
2024-03-13 14:58:56 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 7300CCE7365E9023E78DE9CFDA0EAA232130AFDD7A2F2F27CD6F524EAF62779A
Participant Details
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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