CHART: Corporate Profits Skyrocket While Corporate Taxes Plummet

CHART: Corporate Profits Skyrocket While Corporate Taxes Plummet: Corporate profits are currently at an all-time high (while worker wages as a percentage of the economy have plummeted to record lows). But despite those sky-high profits, corporate income tax revenue is projected to be just 1.5 percent of GDP this year, below the recent average and far below the amount raised by the tax [...]/p