Birdwatch Note Rating
2025-02-09 11:42:04 UTC - NOT_HELPFUL
Rated by Participant: E43EF1268DD53457D868DDC285D8F85C5A9F3B5BF1EFB8CEC7A66D26F669F94B
Participant Details
Original Note:
When Biden was president, Trumps tax cuts for the wealthy were still in effect. Biden proposed the highest capital gains tax in the OECD, which would’ve hit wealthy asset holders; and proposed minimum taxes for the super rich. https://taxfoundation.org/research/all/federal/biden-budget-2025-tax-proposals/ https://www.cnbc.com/2024/03/15/bidens-billionaire-tax-hits-the-super-rich-can-a-wealth-tax-work.html https://www.nbcnews.com/politics/2024-election/biden-trump-tax-cuts-wealthy-2024-election-rcna157099 Republicans opposed these policies: https://thehill.com/policy/finance/564639-republicans-focus-tax-hike-opposition-on-capital-gains-change/
All Note Details