Birdwatch Note Rating
2023-12-02 20:47:23 UTC - HELPFUL
Rated by Participant: AF7BA36AB6C7225926C7A4586E699AF131055016E3E5E134145143DF98E2A3BD
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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