Birdwatch Note Rating
2023-11-30 21:56:12 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 7293B35D10C6CAABEA9590669876E0CEE096AFD1187E67A4BACC83FFAC60C739
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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