Birdwatch Note Rating
2023-05-27 12:34:45 UTC - HELPFUL
Rated by Participant: 2CDF1ED4C4FDB177F6A176724D1A281256C071DF34B115FFEB38C6CBC9C66850
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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