Birdwatch Note Rating
2022-10-03 12:33:59 UTC - HELPFUL
Rated by Participant: B1EA39D5C9BEA328A0BB48FF1B9AD5BA
Participant Details
Original Note:
Former President Trump’s Tax Cut and Jobs Act mainly benefited the wealthy and big corporations. It permanently cut the corporate tax rate from 35% to 21% and only gave the middle class a temporary average tax cut of $50. The bill costed $1.9 Trillion. https://www.forbes.com/sites/christianweller/2020/01/29/trumps-wasteful-tax-cuts-lead-to-continued-trillion-dollar-deficits-in-expanding-economy/amp/
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