Birdwatch Note Rating
2024-08-14 19:47:29 UTC - HELPFUL
Rated by Participant: 9CB27FB3437270F885CEB2C9D5C993BE4A2AE09B2C2E93C558C50221E476A345
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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