Quarterly commentary on the advance estimate of the Bureau of Economic Analysis’ GDP report.
Corporate profits are way up, corporate taxes are way down
| 10:34 am, September 22, 2016
Since 1952, corporate profits as a share of the economy have risen dramatically (from 5.5 percent to 8.5 percent), while corporate tax revenues as a share of the economy have plummeted (from 5.9 percent to just 1.9 percent).
Posted on September 21, 2016 | 2:34 pm
Posted on September 20, 2016 | 2:49 pm
Posted on September 20, 2016 | 5:00 am