Birdwatch Note Rating
2024-12-21 20:22:11 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 713864903203D771F998FD9CD5F49180B9FF44A4FDB49261EFEC861A19009F2E
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