Birdwatch Note Rating
2023-12-01 14:28:47 UTC - SOMEWHAT_HELPFUL
Rated by Participant: CBE292C0C936D6836CFEDD2D59F534FED649197B3E3C113C3AF4C69DAF5493FA
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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