Birdwatch Note Rating
2023-11-30 16:48:52 UTC - HELPFUL
Rated by Participant: EDA8B9748B3F8939115CEC39C6D56A9900AC526651FF41B717B982E8C89F284E
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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