Birdwatch Note Rating
2023-11-30 23:35:36 UTC - HELPFUL
Rated by Participant: 989E7636C637E27F45A0E3BCCCBFF0D12B75881CBBC1EDB91009230DE3FDEDD6
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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