Birdwatch Archive

Birdwatch Note

2023-07-02 20:03:22 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

2017 Tax Cuts & Jobs Act lowered income & Corporate taxes. The $2T mentioned here is the CBO 10 year estimated loss of $1.7T in taxes that never occurred. Corporate Taxes and total tax collections have been at record highs since after 2018. CBO EST https://www.cbo.gov/publication/53787 Not Considered https://www.cbo.gov/publication/59169#footnote-003 Collection https://www.thebalancemoney.com/current-u-s-federal-government-tax-revenue-3305762

Written by 8FD2B2DF67BBC01E117BA382F2547A73CB5794C6268B4473A49B08DA6AEEF841
Participant Details

All Information

• ID - 1675596044024029184
• noteId - 1675596044024029184
• participantId -
• noteAuthorParticipantId - 8FD2B2DF67BBC01E117BA382F2547A73CB5794C6268B4473A49B08DA6AEEF841 Participant Details
• createdAtMillis - 1688328202620
• tweetId - 1675507620860375040
• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
• believable -
• harmful -
• validationDifficulty -
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• misleadingFactualError - 1
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• summary
• 2017 Tax Cuts & Jobs Act lowered income & Corporate taxes. The $2T mentioned here is the CBO 10 year estimated loss of $1.7T in taxes that never occurred. Corporate Taxes and total tax collections have been at record highs since after 2018. CBO EST https://www.cbo.gov/publication/53787 Not Considered https://www.cbo.gov/publication/59169#footnote-003 Collection https://www.thebalancemoney.com/current-u-s-federal-government-tax-revenue-3305762