Birdwatch Note Rating
2023-07-30 10:01:48 UTC - NOT_HELPFUL
Rated by Participant: B3055482A0D43BBF84DB7C05B5202FE49436450E96DCA8E3A8C9CE52FDC3BC66
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
All Note Details