Birdwatch Note Rating
2024-06-05 13:13:05 UTC - HELPFUL
Rated by Participant: DCECC8BF019FDF54FD60D8F47F97F67F751973791A4D43CA5C55825E8734A8F0
Participant Details
Original Note:
An increase in Capital Gains Tax would increase taxes on those making less than $400,000 a year. Currently making more than $47,025 and holding stock for more than a year subjects you to a 15% tax minimum. Married filing jointly sees that increase to $94.050. https://www.cnbc.com/amp/select/capital-gains-tax-what-is-it/
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