Birdwatch Note Rating
2023-11-30 23:05:58 UTC - HELPFUL
Rated by Participant: A5CD5855179832C69FA3A341D1E0B35C3EAD3A83865BD1DBA8CCB1CC08F13666
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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