Birdwatch Note Rating
2024-12-21 23:07:09 UTC - HELPFUL
Rated by Participant: 5E0B4F17D000CDA5E2FE92EF73DD798F301105E515D44EB0A94F0FCCA3D649FF
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