Birdwatch Note Rating
2023-05-25 15:16:00 UTC - HELPFUL
Rated by Participant: FAB3BEEE340FA2A9BA39A1ED962B7BB77586327E335FAAF6F8A566A5F884B53F
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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