Birdwatch Note Rating
2024-03-12 16:03:43 UTC - HELPFUL
Rated by Participant: AA41C3EC1A6BB4A7A7943D88188858ED6009149CA0B67D96EE6ED7161D394024
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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