Birdwatch Note Rating
2024-04-25 05:11:18 UTC - NOT_HELPFUL
Rated by Participant: 3DF44704148E0750921E0F932587BE042A7DA6202916EDA2A477B7130E1BAC2F
Participant Details
Original Note:
This claim is misleading. Biden's proposed unrealized gains tax targets households with over $100 million in wealth, affecting approximately 28,000 households, or 0.02% of the US population. It does not apply to typical investors. https://www.cnbc.com/2023/10/10/number-of-people-with-100-million-has-doubled-since-2003.html https://usafacts.org/data/topics/people-society/population-and-demographics/population-data/households/ https://www.pgpf.org/blog/2024/04/president-bidens-budget-calls-for-raising-43-trillion-in-revenues-over-ten-years-heres-how
All Note Details