Birdwatch Archive

Birdwatch Note Rating

2023-11-29 18:20:44 UTC - HELPFUL

Rated by Participant: F1728F54C7B69BC991EF14FF7423694861D25767A9A8107FCD7510643F707CF6
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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Original Tweet

All Information

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