Birdwatch Note Rating
2023-05-17 03:50:39 UTC - NOT_HELPFUL
Rated by Participant: B51C4FC3A5DE22EBD20FFC382BB9915DF16B06915699D37F5D3FF21845364884
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