Birdwatch Note Rating
2023-05-09 22:24:22 UTC - HELPFUL
Rated by Participant: C281AD9F2026DF0CFF2FF5A3DD4722F8E161CB9D4D9BEC882A98D638DCB7C852
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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