Tuesday, September 16, 2014

Corporate Profits and Taxes

www.americanprogress.org/issues/economy/news/2014/09/15/96885/corporate-profits-and-taxes/
"While middle-class and low-income Americans struggle to get by, corporate profits are soaring. In 2013, corporate after-tax profits consumed a record-breaking 11.2 percent of total national income. Between 1946 and 2010, after-tax corporate profits always remained below 10 percent of national income, but 2013 was the fourth consecutive year in which corporate profits exceeded 10 percent of national income."