Birdwatch Note Rating
2023-12-02 19:15:37 UTC - HELPFUL
Rated by Participant: C54A3F4040D49A685924C224D84238B8E5766FD815F64526E9000A1828D12829
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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