Business Insider Article Rating

Interest income from your investments is taxable -- here's how to calculate what you owe and ways to lower it

Sep 07, 2022 View Original Article
  • Bias Rating

    -72% Very Liberal

  • Reliability

    N/AN/A

  • Policy Leaning

    10% Center

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

N/A

  •   Liberal
  •   Conservative
SentenceSentimentBias
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Bias Meter

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-100%
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Bias Meter

Contributing sentiments towards policy:

53% : You pay taxes on the interest as if it were ordinary income -- that is, at the same rate as your other income, such as wages or self-employment earnings.
50% : You pay federal income tax on them, but they're exempt from state and local income taxes.
47% : It's hard to avoid paying taxes on your interest income, but there are a few strategies to try, especially with assets that generate a lot of income.
43% : Paying income taxes is a fact of life.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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