Birdwatch Note Rating
2023-12-01 00:15:54 UTC - SOMEWHAT_HELPFUL
Rated by Participant: A2E7F20279E52049C22A47B8FA052507504B77527C3737FF981C3E85467E6439
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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