• Kairos@lemmy.today
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    1 day ago

    This is actually not true as it doesn’t take into account the standard deduction

    • finitebanjo@lemmy.world
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      1 day ago

      It does not take into account a lot of things, namely the many many deductions for qualifying individuals.

    • yunxiaoli@sh.itjust.works
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      1 day ago

      Not all people take the standard deduction, this is true before all deductions and similar economic stimuli.