Birdwatch Note Rating
2024-12-21 16:28:26 UTC - NOT_HELPFUL
Rated by Participant: B46E692A08BBA14CA4F214DC485BC2A96127D4E75F4550E601D6C00BD8DE95BD
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