Birdwatch Note Rating
2024-12-22 03:16:17 UTC - NOT_HELPFUL
Rated by Participant: 29688FEB860D7E00FBB19006D1561B671C02527B54CE0F7F506B05D12E327A93
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