Birdwatch Note Rating
2023-12-02 07:55:53 UTC - NOT_HELPFUL
Rated by Participant: 31BB62F06549556C40A0AD1AD0AEF5F0371216D6A23E45E0A93DCD131C591FC5
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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