Birdwatch Note Rating
2023-12-01 15:48:50 UTC - HELPFUL
Rated by Participant: 3A0258DDA04F7598F228EB99FDCDC49976464A9F1E48FC72CA2242573E288701
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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