Birdwatch Note Rating
2023-12-01 00:10:07 UTC - HELPFUL
Rated by Participant: 98DF1536653C770D7D6733DA45E50E2D65B603F50C115B98112E4470F3946887
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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