Birdwatch Note Rating
2023-05-25 02:25:30 UTC - HELPFUL
Rated by Participant: 7D7A42961954B0D547E31D7E923A675E1307ADE1F29B51C7BD76BE93FD237799
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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