Birdwatch Note Rating
2023-11-30 17:55:30 UTC - HELPFUL
Rated by Participant: F15C606A61A841F09BD3008166DDBF18085C0F15D9D7A67DE2E6928F7C0B8FE6
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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