Birdwatch Note Rating
2024-05-07 13:04:57 UTC - NOT_HELPFUL
Rated by Participant: 0C19B370F7F24CDDEB3F9F4E4A375B2109DA3BB0354E19EA84833C408827F64D
Participant Details
Original Note:
It is unclear whether Buffett meant his point to mean tax rates or tax amounts. On rates, total US corporate profits in 2023 were less than $4 trillion. 21% of that would be $840B. The US government spent $6 trillion in 2023. https://fred.stlouisfed.org/series/A053RC1Q027SBEA https://usafacts.org/state-of-the-union/budget/
All Note Details