Birdwatch Note Rating
2023-12-01 08:05:46 UTC - HELPFUL
Rated by Participant: BD526406F9FEDA8BB36872A1047F6514E8F3CDDACB82E33EB251F3E016C42E83
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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