Birdwatch Note Rating
2023-07-27 23:23:01 UTC - HELPFUL
Rated by Participant: 6E69E2AB8EA331521A6D06E2CEE26B3999D17CB033558C6BA0FFAD5F4495467D
Participant Details
Original Note:
NNN. Inflation is not a tax the federal government collects, it's a rise in prices combined with a decrease in spending power. Inflation does not make Biden's claim wrong, as he does not plan to increase federal taxes on those making less than $400,000/year. https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Inflation https://budgetmodel.wharton.upenn.edu/issues/2020/9/14/biden-2020-analysis
All Note Details