Birdwatch Note Rating
2023-05-11 18:13:35 UTC - HELPFUL
Rated by Participant: 974CCA4DC40BA3ADA4C5FB299A2721C7CE858374C891460FF7754B840C6576FD
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
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