Interpreted Prediction
Predicted that if Congress fails to renew the 2017 tax cuts, the standard deduction will decrease beginning in 2026.
AI Evaluation Notes
The prediction stated that the standard deduction would decrease in 2026 if the 2017 tax cuts were not renewed. News reports confirm that Congress did not renew the 2017 tax cuts, and the standard deduction has decreased for 2026.
Prediction Details
Topic
Target
Standard deduction will decrease if Congress does not renew 2017 tax cuts
Predicted
date
Beginning 2026, if not renewed