Birdwatch Note Rating
2023-11-29 19:56:44 UTC - NOT_HELPFUL
Rated by Participant: 7995C3495B214B7873B9669020D2B0DEC3A6C313050B409D9A59ECD3DE11DBA5
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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