Birdwatch Note Rating
2023-12-07 03:18:41 UTC - NOT_HELPFUL
Rated by Participant: 9947EF56129FC24023691FB22AA6660795C5EB8AC5E5CFEBD27F56453DD5A407
Participant Details
Original Note:
Debt forgiveness counts as income https://www.law.cornell.edu/uscode/text/26/61# "(11)Income from discharge of indebtedness" Effectively Biden isn't forgiving anything, he's calling in everyone's debts. https://www.irs.gov/payments/accuracy-related-penalty Failure to report income or pay the required taxes under the US tax code carries heavy penalties.
All Note Details