Birdwatch Note Rating
2024-12-22 08:59:01 UTC - HELPFUL
Rated by Participant: BBAED18C6FF38DE179795AD665C4D5111D97A409842088EBE6BB4C81A3081FCC
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