Birdwatch Note Rating
2024-12-21 06:29:32 UTC - NOT_HELPFUL
Rated by Participant: 33AEEB1A65B578AB081A8FAA403A39448857128A94F7BAD263FFDF3F848F9D3D
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