Birdwatch Note Rating
2023-11-30 17:24:17 UTC - HELPFUL
Rated by Participant: 44725BD6C5F0D16EFA297A13ABDEC39ED42F9DB261FDA046314E9DC89461EF12
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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