Birdwatch Note Rating
2023-11-30 23:27:13 UTC - NOT_HELPFUL
Rated by Participant: 9947EF56129FC24023691FB22AA6660795C5EB8AC5E5CFEBD27F56453DD5A407
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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