Birdwatch Note Rating
2024-01-05 04:13:18 UTC - NOT_HELPFUL
Rated by Participant: 7137AD55E7427FD1D91BA5C6F8CC870201B0AF529DFFD54A511BC3F28BE39466
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