Birdwatch Note Rating
2024-06-10 21:49:20 UTC - NOT_HELPFUL
Rated by Participant: 9673382FA390ADF0BD79AA6411FD0FE2C48890C32D6CCB5ACA99D39FED7022DC
Participant Details
Original Note:
This post suggests that higher taxation equates higher revenues for the government. There are several instances where higher tax rates equated less revenue for the government as well as unforeseen consequences such as capital flight. https://www.concordcoalition.org/issue-brief/the-limit-on-social-security-taxes-and-benefits-2/#:~:text=Higher%20marginal%20tax%20rates%20also,additional%20dollar%20of%20revenue%20collected.
All Note Details