Birdwatch Note Rating
2023-11-30 17:36:21 UTC - HELPFUL
Rated by Participant: BC65B837A4384796ECB00FDD9B5A4BE9A62EF56FAA9FFB0744F70F5733C44025
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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