Birdwatch Note Rating
2023-12-02 14:46:31 UTC - HELPFUL
Rated by Participant: 1DB8EE4C772363711759F2D9808F7F5E147570030F49298F25420B4B62429930
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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