Birdwatch Note Rating
2024-03-12 18:52:40 UTC - NOT_HELPFUL
Rated by Participant: AA29A294644C2FE3817548645D9276A06A580462F6FDAFC1A1949A6825A4BFB5
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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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