How to RC debounce toggle switch?
No, when your switch closes nothing happens, because nothing is connected to OUT. There is no path for current to flow to discharge the capacitor. This will likely still be the case if you connect OUT to the input of a logic gate or microcontroller.
If you omit R23 then OUT will always have the same voltage as VCC.
There are many online resources regarding switch debouncing, so you should be able to find a better circuit without too much trouble.