Birdwatch Note Rating
2024-05-05 21:58:57 UTC - NOT_HELPFUL
Rated by Participant: 487A7D7F64FDE15DF62A28E8C099341F97EC71D78A1FB98E3686D7868147FA97
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