Birdwatch Note Rating
2024-03-05 03:17:41 UTC - HELPFUL
Rated by Participant: 55C945D161C2FF1A6143C2B4FCC09879AA6A0E7F3FF1F3E65648DB25A6ED9ED6
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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