Birdwatch Note Rating
2023-05-25 01:20:15 UTC - HELPFUL
Rated by Participant: 5A28BA49A4A549B61B3FB62DB542AC559AD565A112CD3C494B0B6280D67F481C
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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