Birdwatch Note Rating
2024-12-22 02:41:24 UTC - HELPFUL
Rated by Participant: 1E328EF21D714320D8D58449D076F5F3249E98B2587E6EAD32E28095E0E1D9CB
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