Birdwatch Note Rating
2024-04-07 19:48:02 UTC - HELPFUL
Rated by Participant: F2A763C8B943415B2B9D76BA7C9964C28163C018FBC5282CF21A9B79E7AB6E23
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