Birdwatch Note Rating
2023-11-30 15:59:31 UTC - NOT_HELPFUL
Rated by Participant: 08CBDECD59B57DDCAE674C748DCE167FEE0931382B375EDF4369B91BBEFB8A8F
Participant Details
Original Note:
While tax rates have varied greatly since WWII, federal tax receipts as a % of GDP have been very stable. The federal government taxes between 15%-17% of GDP. If the government spends more than that the deficit will rise. https://fred.stlouisfed.org/series/FYFRGDA188S https://fred.stlouisfed.org/series/IITTRHB
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