ilmscore | Prediction Details
"the 20% qualified business income deduction was now made permanent... if you run a small business, something like an LLC or a partnership that qualifies, and you can just do a quick Google search to see if your business qualifies, what that means now is you're not going to pay taxes on all $250,000. you're going to pay taxes on 80% of this because you get to take a 20% write off."
By Minority Mindset | October 24, 2025 | Incorrect
From video
Trump’s Plan To Abolish the IRS Has Just Begun 00:14:47 - 00:15:37
Interpreted Prediction
The 20% Qualified Business Income (QBI) deduction for eligible small businesses (LLCs, partnerships) is now permanent, allowing business owners to pay taxes on only 80% of their qualified business income.
AI Evaluation Notes
The prediction that the 20% QBI deduction was made permanent is incorrect. The QBI deduction is still set to expire after 2025, according to current tax law.

Prediction Details

Topic
Qualified Business Income (QBI) Deduction

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