Birdwatch Note Rating
2023-05-10 16:49:12 UTC - HELPFUL
Rated by Participant: 02DA8945EBB14B39E32EADC27A9147BF8D2811DBF8590C258E92374C9C3580D5
Participant Details
Original Note:
Claims that the 2017 Tax Cuts & Jobs Act caused an increase in the national debt are based on the 2017 @USCBO projection that over 10 years $1.7 Trillion would be lost in revenue are untrue. https://www.cbo.gov/publication/53297 US Tax dollars have only increased since 2017, including corporate tax revenue. https://fiscaldata.treasury.gov/americas-finance-guide/government-revenue/ https://www.cato.org/blog/federal-tax-revenues-soar https://www.thebalancemoney.com/current-u-s-federal-government-tax-revenue-3305762
All Note Details