Birdwatch Note Rating
2024-06-16 13:42:28 UTC - HELPFUL
Rated by Participant: 0670FD65A62950E4A4AB83789D2E7BC408757EC83F3344E227C6417F822F078E
Participant Details
Original Note:
The claim of a tax on unrealized capital gains is false. The admin’s proposal calls for a 25% minimum *income* tax on taxpayers with wealth over $100 million. That is if the taxpayer’s wealth exceeds $100M, his/her *income* would be subject to a min. 25% tax rate https://www.whitehouse.gov/briefing-room/statements-releases/2024/03/11/fact-sheet-the-presidents-budget-cuts-taxes-for-working-families-and-makes-big-corporations-and-the-wealthy-pay-their-fair-share/
All Note Details