Corporate profits

The Myth of Corporate Profits

Where’s the proof of the r > g crowd’s favorite talking point? HAre rising corporate profits coming at the expense of the American worker? Venture capitalist and billionaire Nick Hanauer seems to think so. As he puts it, “Corporate profits are at their highest in 50 years while unemployment is also at their highest in […]

Corporate profits

Corporate income and taxes – Center for American Progress

As middle-class and low-income Americans struggle to get by, corporate profits skyrocket. In 2013, after-tax corporate profits consumes a record 11.2 percent of total national income. Between 1946 and 2010, after-tax corporate profits consistently remained below 10% of national income, but 2013 was the fourth year in a row that corporate profits exceeded 10% of […]