Birdwatch Note Rating
2024-04-08 16:15:53 UTC - HELPFUL
Rated by Participant: 23D46186B2DAD68C04891339F8DFCD71A3D6FD0D88AEAEDFDAE2FC94D52369B7
Participant Details
Original Note:
IRS states: “False claim - You can transfer your income into a trust, thus eliminating income taxation on that income. Truth - Income remains taxable to the individual who earns it.” and also “ The transfer of assets to a trust will give the donor no additional tax benefit” https://www.irs.gov/businesses/small-businesses-self-employed/abusive-trust-tax-evasion-schemes-talking-points
All Note Details