Birdwatch Note Rating
2024-06-10 21:46:54 UTC - HELPFUL
Rated by Participant: B1806E0F1B55F62CFA229D9A2AFCFBC5207063F5AAA80225585447030E25A922
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