Birdwatch Note Rating
2023-11-30 19:48:48 UTC - HELPFUL
Rated by Participant: FE3AE6EBB4C326BDB253F4C81D0A05BF01C0054F7F1F5607923C2C9D81313B38
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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