Birdwatch Archive

Birdwatch Note Rating

2024-12-21 18:43:30 UTC - NOT_HELPFUL

Rated by Participant: 51DBD9BE5DF8C2E9587E527CFE3E502D9D94398C4AB3C1DAC2AC7FAAF1A18CD3
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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