Birdwatch Note Rating
2023-05-17 00:48:25 UTC - NOT_HELPFUL
Rated by Participant: B230B42C143D6A41F9CAE5FB746497ABFEC38C21497C19E21D597609DDBBE982
Participant Details
Original Note:
Biden is correct that tax cuts have a cost, but are offset by making businesses competitive globally by dropping corp taxrate from 35% to 21%. https://taxfoundation.org/benefits-of-a-corporate-tax-cut/ TCJA explained: https://taxfoundation.org/cbo-long-term-budget-outlook/#:~:text=The%20CBO%20expects%20that%20even,percent%20of%20GDP%20by%202052 CBO projects problems with the rate that Congress spends money, so cuts are needed to protect the country. https://www.cbo.gov/publication/57971
All Note Details