Birdwatch Note Rating
2023-12-01 03:17:30 UTC - HELPFUL
Rated by Participant: AF4BFFA70FFDE89C8955254A2B37B65D96C5C98327998C88BD84F589EF448FF1
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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