Birdwatch Note Rating
2023-11-30 17:44:01 UTC - HELPFUL
Rated by Participant: 99D40AEDBA2A940260B7C1C39D8AB9A10DE1B810F8FEB00A6AD6A1FA1C4C8B16
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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