Birdwatch Note Rating
2023-12-08 17:28:10 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 783DBB0ED0E2F059527124EEBBCF5CD6A3118B8E0C8760397EF99286C64A121C
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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