Birdwatch Note Rating
2023-11-30 19:48:56 UTC - HELPFUL
Rated by Participant: DF182D76B2572DF472BB9AF574D6EFBA63F407EE73DFABD55C6D63DB92FCC6CC
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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