Birdwatch Note Rating
2023-07-02 23:36:46 UTC - HELPFUL
Rated by Participant: 2293FED422BB89A86FF4CEBCEDCCDE599829083B6542A75269CD92DB760B54BA
Participant Details
Original Note:
2017 Tax Cuts & Jobs Act lowered income & Corporate taxes. The $2T mentioned here is the CBO 10 year estimated loss of $1.7T in taxes that never occurred. Corporate Taxes and total tax collections have been at record highs since after 2018. CBO EST https://www.cbo.gov/publication/53787 Not Considered https://www.cbo.gov/publication/59169#footnote-003 Collection https://www.thebalancemoney.com/current-u-s-federal-government-tax-revenue-3305762
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