Birdwatch Note Rating
2023-11-30 12:36:16 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 35E92DEB937888C99CDA2136C9642CCB1653406E638FFA8635D5BDEFACE949CA
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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