Birdwatch Note Rating
2023-07-02 05:17:03 UTC - HELPFUL
Rated by Participant: 33FB6247EB3F2D340754A6C818F28C9CB2451092D0CEF79EA996BF128FD995B5
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Original Note:
The majority of the cost of the $1.9 trillion went to benefit the wealthiest Americans. While the working class saved a higher percentage on their taxes, the wealthy saved more total. In one state, the top 20% of earners account for ~70% of the loss to the treasury. https://www.hibudget.org/blog/real-cost-trump-tax-cuts
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