Birdwatch Note Rating
2024-08-14 15:13:07 UTC - HELPFUL
Rated by Participant: 0CBDE6F90DA22AC50075FE2E2809D86D62CF730AAECC544F751756A8F92EAF39
Participant Details
Original Note:
This misrepresents what the tax law actually says. It's not that you can't use those things as tax deductions, it's that the standard deduction was increased to a level that makes it more beneficial for most taxpayers to take the standard deduction rather than itemizing them. https://www.investopedia.com/taxes/trumps-tax-reform-plan-explained/
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