Financial Times Article Rating

'Why we need a wealth tax'

Sep 06, 2022 View Original Article
  • Bias Rating

    22% Somewhat Conservative

  • Reliability

    N/AN/A

  • Policy Leaning

    28% Somewhat Conservative

  • Politician Portrayal

    6% Negative

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

Overall Sentiment

N/A

  •   Liberal
  •   Conservative
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Bias Meter

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Bias Meter

Contributing sentiments towards policy:

56% : Now if you think that public spending needs to go up to pay for better schools, or hospitals, or roads, then this is fine.
52% : First, the basic function of taxes is to raise revenue for the government.
49% : Well, there are solutions: you can have tax deferrals; you can have tax payment in instalments; also, solutions like imposing a tax cap limiting the total amount of tax that you owe as a share of your income.
48% : You might want to look at your existing instruments first - so your capital gains taxes, your inheritance and gift taxes - because there's so much scope to reform those taxes.
47% : A wealth tax could be used to reduce taxes on work.
47% : And then you're a rich guy, and all the other guys you work with are avoiding it, and then their kids are going to go to better schools than your kids, and their kids are going to have nicer houses than your kids because you chose to pay tax.
45% : And so just with income taxes, the tax burden on these very wealthy individuals might be minimal.
41% : The problem is the taxes that we have don't redistribute wealth because they're all taxes on income, and some rich people pay extremely low rates on their incomes from their wealth.

*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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