Birdwatch Note Rating
2023-01-27 17:06:45 UTC - HELPFUL
Rated by Participant: 05D3EC5C8A4501A9813EBEEFB4AC501FEE714DCEC1546AD4C3A4A8FF37EACD7C
Participant Details
Original Note:
A group of Replublicans is pushing the "Fair Tax Act." If passed, this would raise sales taxes to 23% across the board, however, the way the taxes are calculated would raise costs for most Americans 30%. This would effectively raise the cost of living for 4/5 of Americans. https://www.cbsnews.com/news/fair-tax-act-republican-proposal-how-it-works/ https://www.congress.gov/bill/117th-congress/house-bill/25/text
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