Birdwatch Note Rating
2024-04-25 15:40:25 UTC - NOT_HELPFUL
Rated by Participant: 9406C5345F5547BED4B093FCA6D4BCEADB61F7F64C67789AED4375E8B411299C
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