Birdwatch Note Rating
2024-12-22 03:06:44 UTC - NOT_HELPFUL
Rated by Participant: 2B485F143686C5E16E4BA73CA475AA4DEFD23838F69602CDB3D2B95D19A598BB
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