Birdwatch Note Rating
2025-01-03 13:41:31 UTC - NOT_HELPFUL
Rated by Participant: 3CB17DCB07705DC1155FD408EF3B54235698D9475B030CE0ED795C4F329781EC
Participant Details
Original Note:
The graph does not support the statement, it only shows the ratio of tariffs to other income. In reality, tariffs and excise have increased hugely. Evidence shows that large-scale tariffs result in declines in productivity and a loss of international competitiveness. https://upload.wikimedia.org/wikipedia/commons/e/e0/Federal_taxes_by_type.pdf https://www.whitehouse.gov/cea/written-materials/2024/07/12/tariffs-as-a-major-revenue-source-implications-for-distribution-and-growth/#:~:text=Indeed%2C%20the%20evidence%20shows%20that,effects%20on%20the%20trade%20balance
All Note Details