Birdwatch Note Rating
2023-07-03 12:59:59 UTC - HELPFUL
Rated by Participant: DA2103334557DCB538CA4B355F15243AABE01E5BAC44865DF18470C5C062E0CF
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