Birdwatch Archive

Birdwatch Note Rating

2023-08-22 13:27:15 UTC - HELPFUL

Rated by Participant: 0C7E839644954F87C47111ED6AB550BAA920E6C2F8E3D02910ECD0B8D3A88C2B
Participant Details

Original Note:

NNN. The post refers to the effective tax rate, not the actual tax rate. For rental income, the effective tax rate can be much lower than that on earned income due to the application of tax reliefs and allowable deductions made before tax is calculated. https://www.investopedia.com/ask/answers/102714/how-are-effective-tax-rates-calculated-income-statements.asp

All Note Details

Original Tweet

All Information

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