Birdwatch Note Rating
2023-12-01 12:50:46 UTC - HELPFUL
Rated by Participant: 14E8648B0F1A3C939474E3E42869C65AAD22C628658A3A678D7A9327DA599DA8
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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