Birdwatch Archive

Birdwatch Note Rating

2023-05-24 20:52:18 UTC - HELPFUL

Rated by Participant: 40BED01EE24D9A7567E34149816BB19C077C6EFDD5DBE2AC057496BEC2EEF11A
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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Original Tweet

All Information

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