Birdwatch Note Rating
2023-11-29 18:24:03 UTC - NOT_HELPFUL
Rated by Participant: 0DA2DDB82476A9A9F40C12F584A1D21F08642EF6AE90086E4F35061A6C0516C3
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
All Note Details