Birdwatch Note Rating
2023-12-02 17:26:06 UTC - HELPFUL
Rated by Participant: E7D32A99D11EF031594607005D517F33723CF70F969FB047677CC280E2E626BE
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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