Birdwatch Note Rating
2023-11-30 20:07:58 UTC - HELPFUL
Rated by Participant: D3E55F63385125317A1A53C4BDDFFAFEE488750DB8C81FCD21C17501E5E15C42
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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