Birdwatch Note Rating
2023-11-30 18:02:46 UTC - HELPFUL
Rated by Participant: 4836A413E48E948291AA9687AACAFB1326FE59DE33C8B426A20704184F9995B8
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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