Birdwatch Note Rating
2023-12-01 06:22:48 UTC - HELPFUL
Rated by Participant: 6EE73AD38AA2C806D5B122A7862D0586086B3A6557E1E3C40CA0D466EEE94A6F
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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