Birdwatch Note
2024-10-12 18:14:55 UTC - NOT_MISLEADING
NNN - The other note overlooks the point of the article, that the deduction requires itemizing, which is mostly done by high-income earners (AGI $500k+). Thus, while low credit scores do lead to higher auto loan interest, the deduction would mainly benefit wealthier taxpayers. https://taxpolicycenter.org/briefing-book/what-are-itemized-deductions-and-who-claims-them
Written by D9BFAC6A7BA84BC982A335EF067BE9343B00AE65412A24ED5BA7218CC5F184C9
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Original Tweet
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All Information
- ID - 1845166271916061141
- noteId - 1845166271916061141
- participantId -
- noteAuthorParticipantId - D9BFAC6A7BA84BC982A335EF067BE9343B00AE65412A24ED5BA7218CC5F184C9
- createdAtMillis - 1728756895413
- tweetId - 1844855496248840685
- classification - NOT_MISLEADING
- believable -
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- misleadingFactualError - 0
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- summary
- NNN - The other note overlooks the point of the article, that the deduction requires itemizing, which is mostly done by high-income earners (AGI $500k+). Thus, while low credit scores do lead to higher auto loan interest, the deduction would mainly benefit wealthier taxpayers. https://taxpolicycenter.org/briefing-book/what-are-itemized-deductions-and-who-claims-them
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