Birdwatch Note Rating
2025-03-15 07:49:03 UTC - HELPFUL
Rated by Participant: 9A35722C75F8C95A4A9C28AC9EE902C896E22EB06D2635E7309E2ADD3E3CE260
Participant Details
Original Note:
This claim completely ignores the Laffer curve. As taxes increase, taxpayers take evasive action and the overall amount raised by taxes often decreases. This has already played pin the UK with thousands of higher rate taxpayers left the jurisdiction since the Labour budget. https://en.wikipedia.org/wiki/Laffer_curve
All Note Details