Birdwatch Note Rating
2024-04-26 13:27:19 UTC - HELPFUL
Rated by Participant: EF3DC760A952808F651961CF9A268C075AECC958DE6552911336E1740949CE73
Participant Details
Original Note:
This is a misleading representation of a proposal to increase the MARGINAL capital gains tax rate for earners making $1million or more. This is not equivalent to a 44.6% capital gains tax rate, nor should it be construed as a tax on ordinary income, which is separate. https://www.forbes.com/newsletters/andrewleahey/2024/04/24/biden-capital-gains-rate-proposal-446/?sh=2f4b14081ff6
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