Birdwatch Note Rating
2024-04-24 20:46:03 UTC - HELPFUL
Rated by Participant: 04E658F327477F298500303FD85F3678B4103AB9199117C4DE8636A178EC3945
Participant Details
Original Note:
The 44.6% rate would only apply to those individuals with taxable income above $1 million and investment income above $400,000. That being around 0.1% of the working population. https://www.forbes.com/newsletters/andrewleahey/2024/04/24/biden-capital-gains-rate-proposal-446/?sh=47983fd81ff6 https://www.whitehouse.gov/briefing-room/statements-releases/2024/03/11/fact-sheet-the-presidents-budget-cuts-taxes-for-working-families-and-makes-big-corporations-and-the-wealthy-pay-their-fair-share/
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