Birdwatch Note Rating
2024-12-21 18:49:39 UTC - HELPFUL
Rated by Participant: 617B3CDE4F4E4789C37C2395F8ABCC8B6140A2B77B53285C4C8588E7C03CB2CB
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