Birdwatch Note Rating
2024-06-14 14:25:45 UTC - HELPFUL
Rated by Participant: 3055867C307E553A7D4905C12F9D8DD5CA00DFD417141EE572DE395BB9B44993
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/
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