Birdwatch Archive

Birdwatch Note Rating

2023-02-12 22:35:14 UTC - NOT_HELPFUL

Rated by Participant: A85F927C9E2230CA97A16F2D42A0863AE8F865C26076FFD7493E49F75D5CC756
Participant Details

Original Note:

Corporations pay income tax on profit, not on all revenue. Only the profit is income. They may also carry forward losses from prior years to offset this profit. The fair tax is the net income left after complying with tax laws. https://www.investopedia.com/terms/n/netoperatingloss.asp

All Note Details

Original Tweet

All Information

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