Birdwatch Note Rating
2024-12-22 07:10:15 UTC - HELPFUL
Rated by Participant: 1DEC8BDD94E83AEDDE0F3074A8F93634AF5E44D37AE0C4D37231AC6FD3B5CF11
Participant Details
Original Note:
Billionaires can't write off the full cost of jets/yachts. They're depreciated over years per IRS rules. https://www.irs.gov/publications/p946 Teachers have a $300 deduction cap for class supplies, but can itemize more if they exceed this. https://www.irs.gov/taxtopics/tc458 This doesn't fully depict an oligarchy; tax laws are complex for both.
All Note Details