Birdwatch Note Rating
2023-11-30 17:15:05 UTC - HELPFUL
Rated by Participant: 656F03E439E72AB233AAE166F344B5C4FD546DCCFAF297DB806CC642A688D190
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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