Birdwatch Note Rating
2023-11-30 01:25:38 UTC - HELPFUL
Rated by Participant: F91DD27814B0A4F782AEB4EC6AF35FE135CBBBBD2741E05BC6FBA3B11CC82E5C
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
All Note Details