Birdwatch Note Rating
2024-12-21 23:08:19 UTC - NOT_HELPFUL
Rated by Participant: B3E4BA40577A92597B8B9D95776101FAD516964D4F094307172482F53575A384
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