Birdwatch Note Rating
2023-09-23 23:42:31 UTC - HELPFUL
Rated by Participant: 1A89E7E55BA298DD67F433026C5604DDE7A6FDFF94807C3F6BAE8E1356CC1308
Participant Details
Original Note:
President Biden's quote is accurate, but context is needed as the 2020 study he is likely citing had debatable methodology. It should also be noted that companies use legal loopholes built into US law as opposed to simple tax-dodging. The study: https://itep.org/55-profitable-corporations-zero-corporate-tax/ Full context: https://www.politifact.com/factchecks/2021/apr/12/joe-biden/fact-checking-joe-biden-corporation-taxes/ https://www.washingtonpost.com/politics/2021/10/21/bidens-favorite-stat-that-55-major-corporations-paid-no-federal-income-tax/
All Note Details