Birdwatch Note Rating
2024-04-25 22:15:10 UTC - NOT_HELPFUL
Rated by Participant: 386BFEC530E1811E628273A59424BAFCB056BA653949610D80623B36EA7F998C
Participant Details
Original Note:
The proposal imposes a 25% minimum tax on total income with wealth exceeding $100,000,000. The proposal applies to income from unrealized capital gains and would function as a pre-payment of the tax that would ultimately be owed when the gain is recognized at sale or death. https://www.americanprogress.org/article/biden-tax-proposals-would-correct-inequities-created-by-trump-tax-cuts-and-raise-additional-revenues/
All Note Details