Birdwatch Note Rating
2024-08-14 19:47:56 UTC - HELPFUL
Rated by Participant: 762F9AD2DCD758C1E5D0A41E81EB6679493B6F082D7C7DC28FB3FB5E3C57323C
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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