Birdwatch Note Rating
2023-12-02 14:21:45 UTC - HELPFUL
Rated by Participant: E66AB1C2B91213E0DE626C1D52588AC064C35A2EF00317037ED9D4DA2008E753
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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