Birdwatch Note Rating
2023-12-01 12:53:43 UTC - NOT_HELPFUL
Rated by Participant: 58541565998C50998C255DF9C6EF1066417F510842C1098BD2A1130A825D24F7
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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