Birdwatch Note Rating
2023-11-30 18:56:45 UTC - HELPFUL
Rated by Participant: 2A0360EFDF7DEBA801C2EC795E84AB8F223242FE35762B7441C887EF9E0926A0
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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