Birdwatch Note Rating
2023-12-01 05:39:58 UTC - NOT_HELPFUL
Rated by Participant: D86EB829BC88663B43632099EF93F04BA0BA93EDDE0950BFB172CCE86810325C
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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