Birdwatch Note Rating
2023-11-30 18:45:10 UTC - HELPFUL
Rated by Participant: 1AA441B233D305CA1802C784A1E2F9EBE47C87EBB717EBD860D3D67305C20445
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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