Birdwatch Note Rating
2023-11-29 18:09:18 UTC - NOT_HELPFUL
Rated by Participant: D7A50A6314B2C43F85D6D2E3123B9D6D24A8B30786532196EDFD1D0AD4A21E2D
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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