Birdwatch Note Rating
2024-12-21 14:34:58 UTC - HELPFUL
Rated by Participant: 9B0B515C953FF765556DE9DFBA905FA6F759C9D8D7DC550D2C54AF37CECA91E6
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