Birdwatch Note Rating
2024-12-21 13:06:18 UTC - NOT_HELPFUL
Rated by Participant: 59BBE69F9FD98F0680A5981F0293AE7FC612A1459C3FB22554509BBD5CA3711D
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