Birdwatch Note Rating
2023-12-02 19:34:16 UTC - HELPFUL
Rated by Participant: C9439F7B2590D2C690C48018A22A93C10C65CAD107F20F556D648DA11F0A971C
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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