Birdwatch Note Rating
2023-05-26 09:18:57 UTC - HELPFUL
Rated by Participant: 003B7CADC3482D712FA93ADC14C5722E6371DF45921B43AFE6936BE446DD4CC6
Participant Details
Original Note:
Extending the current tax rates (ie NOT raising taxes) does not and can not "add" to the defecit. Only continued deficit spending can do that. Federal tax revenues have been flat or increased YoY since the 2017 tax cuts. The tax cuts did not result in lost revenue. https://fiscaldata.treasury.gov/americas-finance-guide/government-revenue/
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