Birdwatch Note Rating
2024-04-16 21:28:35 UTC - HELPFUL
Rated by Participant: 3A267435C40D5F0B05BC3EF90063D372B9916625607E054D84A8FE3171E2D9B1
Participant Details
Original Note:
This claim isn't from measured data, nor does it come from an analysis based on actual tax law. It's from a theoretical calculation that considered the value increase of owned items as taxable income. The claim has been repeatedly debunked as misleading. https://www.politifact.com/factchecks/2022/jul/13/joe-biden/joe-bidens-dubious-math-federal-income-tax-burden/ https://www.washingtonpost.com/politics/2024/01/23/biden-keeps-saying-billionaires-pay-8-percent-taxes-not-really/ https://www.wcnc.com/article/news/verify/joe-biden/biden-billionaire-tax-rate-fact-check/536-75be1f9b-d40f-45b3-9201-82b161a4e61b https://www.factcheck.org/2023/02/bidens-tax-rate-comparison-for-billionaires-and-schoolteachers/ https://www.yahoo.com/news/billionaire-tax-rate-not-8-192251820.html https://www.wsj.com/livecoverage/biden-state-of-the-union-2024/card/biden-s-billionaire-tax-would-redefine-income-for-the-wealthiest-z8W85eMudffCIAtnbzQ1
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