Birdwatch Note Rating
2023-11-29 17:35:48 UTC - HELPFUL
Rated by Participant: 1951D7BA95D8323AA9E5450280831B7B72251C9290B9BFE45B95B46950FF4E4C
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