Birdwatch Note Rating
2023-12-02 15:58:40 UTC - HELPFUL
Rated by Participant: 09BB463EBBA255FCA79FDA25A3EBACAA97429F4424EF007CDFEB7DA0F744B2F4
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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