Birdwatch Note Rating
2024-10-13 05:30:15 UTC - NOT_HELPFUL
Rated by Participant: 8510AB1ACCDA02715E97F2EE33DF2E4D651690F63CEAB42CF7428454CD80ABB6
Participant Details
Original Note:
NNN - The other note overlooks the point of the article, that the deduction requires itemizing, which is mostly done by high-income earners (AGI $500k+). Thus, while low credit scores do lead to higher auto loan interest, the deduction would mainly benefit wealthier taxpayers. https://taxpolicycenter.org/briefing-book/what-are-itemized-deductions-and-who-claims-them
All Note Details