Birdwatch Note Rating
2023-12-01 13:55:14 UTC - HELPFUL
Rated by Participant: 054A46E77687CD48E5B830248EB17DEB76F8A5F9A3C3222B91E7438645B92AF1
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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