Birdwatch Archive

Birdwatch Note Rating

2023-02-12 22:47:19 UTC - NOT_HELPFUL

Rated by Participant: F69F2549B58ACD296B2457D21D2B400BCD1B183A912EFC99369BA3AD3C17DDB0
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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