Birdwatch Note Rating
2023-12-04 08:30:55 UTC - NOT_HELPFUL
Rated by Participant: C356FED74441B47E714E2194D3259B88F3E10BC2B7A3964803D8E403F70843EF
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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