Birdwatch Note Rating
2023-11-30 17:31:30 UTC - HELPFUL
Rated by Participant: 6BBEC8835F221CB41B6581A3146AFFAF7A0F1A87536166E35A2D32543BE832D4
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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