Birdwatch Note Rating
2023-11-30 17:13:59 UTC - HELPFUL
Rated by Participant: 02C32BC07C1BC876C7D707CA9BE099F5E248B96FBB2E3FF489615B6D3E100E34
Participant Details
Original Note:
An individual's net worth is not currently taxable in the United States. Income is taxable and net worth is not included in the definition of income under the Internal Revenue Code. Billionaires generally do not have taxable income in the billions of dollars annually. https://www.law.cornell.edu/uscode/text/26/61
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