Birdwatch Note Rating
2024-08-14 12:47:01 UTC - HELPFUL
Rated by Participant: F0165EB857757490B15E458E1200D8FF45A236BAD88869459A7B564512B100FE
Participant Details
Original Note:
This is misrepresentation. Increases the standard deduction from $6,350 to $12,200 for singles, from $12,700 to $24,400 for married couples filing jointly.. Eliminates the personal exemption. Creates a $300 personal credit, and a $300 non-child dependent personal credit https://taxfoundation.org/research/all/federal/2017-tax-cuts-jobs-act-analysis/
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