Birdwatch Note Rating
2023-12-04 07:56:37 UTC - NOT_HELPFUL
Rated by Participant: 87F6B3ED732B52832F93ACF3CC611B13D859F4FA034F8EF72A81C3948DB49B68
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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