Birdwatch Note Rating
2023-11-30 17:54:59 UTC - HELPFUL
Rated by Participant: 59F89FA33EB93CF17D8F3B2F52FF325EEF2DFA1B78A2852FCE09E3138662E0AA
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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