Birdwatch Note Rating
2023-11-30 23:12:24 UTC - HELPFUL
Rated by Participant: B549AA67BB413B212C3C9DBCC5B422F5F44F0B9FF40629194F6C70F1D0C9DE4D
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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