Birdwatch Note Rating
2024-05-05 23:17:53 UTC - NOT_HELPFUL
Rated by Participant: 5A76159C44CFC31BFDC563D5DCA44EB0139758055349C7BA4C8782BCA34FCD71
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