Birdwatch Note Rating
2023-12-01 02:08:25 UTC - HELPFUL
Rated by Participant: A82731A2382BDBD851BA6C987F89ED99B0B92AB765176C7A5B28310A492C2D4C
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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