Birdwatch Archive

Birdwatch Note Rating

2024-12-21 06:05:56 UTC - NOT_HELPFUL

Rated by Participant: 34159493A766C9E446CFD0F4DB1B02B84220B2B9623A05DCE1A1BE7DF1E1A3E5
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

Original Tweet

All Information

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