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Common Dreams Article Rating

American Billionaires Got 62% Richer During Pandemic -- Almost All That Wealth Growth Will Go Income-Tax Free, Showing Need For Biden's Tax Reforms & Investment Plans

  • Bias Rating
  • Reliability

    N/AN/A

  • Policy Leaning

    44% Medium Right

  • Politician Portrayal

    11% Positive

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

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Bias Meter

Contributing sentiments towards policy:

61% : President Biden's investment proposals contained in the Senate-passed budget resolution would significantly improve Americans health by making private insurance in
59% : A June poll by ALG Research and Hart Research shows 62% of voters support Biden's proposed $4 trillion (at the time) investments in healthcare, childcare, education, clean energy and more -- paid for by higher taxes on the rich and corporations.
55% : If it becomes law through the budget reconciliation process this fall, it will aid communities and working families by making healthcare, eldercare, childcare, housing and education more affordable, investing in clean energy, expanding the Child Tax Credit and providing 12 weeks of paid family and medical leave.
51% : It estimated that 25 top billionaires paid on average just 3.4% of their wealth-growth in federal income taxes and that several, including Jeff Bezos (worth $188 billion on Aug. 17) and Elon Musk (worth $175 billion), went multiple recent years paying zero federal income tax.
44% : Poll after poll shows that Americans of all political persuasions and by large majorities believe that the wealthy and big corporations need to start paying their fair share of taxes.
41% : That's because the current tax code is riddled with loopholes and special breaks that allow the super wealthy to avoid paying their fair share of taxes.
40% : It will be paid for by making the wealthy and corporations pay their fair share of taxes, and it will not raise taxes on anyone making under $400,000 a year.
40% : Following are Biden's tax reforms that are expected to be a part of budget reconciliation legislation to be voted on in the fall, many of which will ensure billionaires start paying closer to their fair share of taxes:

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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