2024-10-12 18:03:25
Auto loan interest is higher for people with a lower credit score, which means that the burden for the interest actually would lie with poorer loan holders who typically have a low credit score. [Link] In fact, black Americans would be best helped by this program- [Link] NEEDS_MORE_RATINGS(43-1-2) Author
2024-10-12 18:14:55
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. [Link] NEEDS_MORE_RATINGS(6-0-26) Author
2024-10-20 00:23:53
Low income people are more likely to get auto loans than wealthy people anyone with a brain would understand that. www.duh.com NEEDS_MORE_RATINGS(0-0-1) Author