Birdwatch Note Rating
2023-07-01 09:47:47 UTC - HELPFUL
Rated by Participant: 4386DB9685499EDD6BED7C21BF013D445DB8F789619788C0F98C908DB4BC3120
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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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