Birdwatch Note Rating
2023-05-20 14:42:41 UTC - NOT_HELPFUL
Rated by Participant: 7672D6BCA25B42B6F14821A79A6923A43A99EB08B2199DAC13849B435248555F
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Original Note:
Reducing government expenditures does not require increasing taxes, it simply requires lowering spending by cutting services, reducing headcount, or cancelling social programs. https://fee.org/articles/6-places-to-start-cutting-federal-spending/ Also, increasing taxes does not always increase revenue because of deadweight losses. https://www.nber.org/digest/jan00/how-government-spending-slows-growth
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