Birdwatch Archive

Birdwatch Note Rating

2024-04-30 19:00:17 UTC - HELPFUL

Rated by Participant: F7E3E4B76A192D165456D8D39613C0F388611BC4835F3D80135B35A00FC2DE7A
Participant Details

Original Note:

The proposed 25% tax on unrealized gains only applies to individuals with wealth greater than $100 million. The 44.6% capital gains rate would only apply to individuals with both (1) annual income greater than $1 million and (2) annual investment income greater than $400k. https://taxfoundation.org/research/all/federal/biden-budget-2025-tax-proposals/ https://www.brightonsecurities.com/blog/biden-capital-gains-proposal-of-446-what-you-need-to-know

All Note Details

Original Tweet

All Information

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  • helpfulnessLevel - HELPFUL
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