Birdwatch Note Rating
2024-12-22 01:20:07 UTC - NOT_HELPFUL
Rated by Participant: 9A77C12A177CF5F379A9A030856C8EF4118A85B0C32D08043527A08E2D87CBF0
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