Birdwatch Note Rating
2024-12-21 14:54:08 UTC - NOT_HELPFUL
Rated by Participant: DCC2F62AE88AAA9A154C3689D67F652E028C9AB32A14C30F942ECF0341F6A19B
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