Birdwatch Note Rating
2023-11-30 23:41:06 UTC - HELPFUL
Rated by Participant: 33DAC10B53F618FED71243D92902640524A6F32EC7466793455D279DE8FF1BBD
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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