Birdwatch Note Rating
2025-03-16 06:34:56 UTC - NOT_HELPFUL
Rated by Participant: D896EA4E5D4413546D500832F2EBAF25ECE57CF0B8A52D9BF78E4CAF770C0478
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
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