Birdwatch Note Rating
2023-11-30 16:42:57 UTC - HELPFUL
Rated by Participant: 0A2E6D897FF634AC6FCA464DC965971562E6767BAD41BDB7FE77B4B97B026413
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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