Corporate profits

The next victim of the trade war: corporate profits

President Trump began using tariffs as a tool in trade negotiations in January 2018, and while these new trade barriers have been the root of stock market volatility since, it has taken some effort. to see their impact on the economy or the results of companies. . The US economy grew at the fastest pace […]

Corporate profits

Elizabeth Warren targets corporate profits with new 7% surtax proposal

Senator Elizabeth Warren (D-MA), one of many Democrats to run for the party’s nomination in the 2020 presidential race, detailed progressive political ideas on workplace issues, including government financial support for working parents to cover childcare costs. drew anger | Getty Images Elizabeth Warren, the economic policy maker in the Democratic presidential primary, wants to […]

Corporate profits

Chinese company profits rise, but outlook grows gloomy

Last year, the profits of China’s largest publicly traded companies grew at their fastest pace since 2010, but don’t expect a repeat in 2018. Earnings per share of companies in the MSCI China Index, which includes 152 large and mid-cap stocks mostly listed in China, Hong Kong and the United States, likely rose more than […]

Corporate profits

Trump praises corporate profits while seeking corporate tax cuts

WASHINGTON (Reuters) – US President Donald Trump sent a Twitter message on Tuesday bragging about the high profits of US companies under his presidency, prompting critics to say he was undermining Republican arguments for a tax cut for companies. As Republicans in Washington attempt to refocus on taxes after their failed campaign to repeal Obamacare, […]

Foreign investments

Understanding U.S. Taxes on Foreign Investments

Paying taxes on investments often seems to steal the icing on the cake, gobbling up the best part of an investment’s return. With foreign investments, it is not just the taxes themselves, but the fees associated with filing tax forms that can reduce returns to a marginal level. Uncle Sam taxes US citizens on their […]

Corporate profits

Trump’s tax cut could add 20% to corporate profits

According to Standard & Poor’s Investment Advisory Services (SPIAS), U.S. companies could benefit from a significant increase in profits if President-elect Donald Trump keeps his corporate tax cut campaign promise. The current federal corporate tax rate in the United States is among the highest in the world at 35%, while the effective tax rate was […]

Corporate profits

Corporate profits take permanent vacation in Cayman Islands and Bermuda: the two-way: NPR

George Town in Grand Cayman, Cayman Islands, is home to many international banks and offshore companies. New study shows the Caymans have $ 46 billion in multinational corporate profits, far more than their own $ 3 billion economy. David Rogers / Getty Images hide caption toggle legend David Rogers / Getty Images George Town in […]

Corporate profits

Corporate profits fall in 2015 for the first time since the Great Recession

WASHINGTON (MarketWatch) – Corporate profits fell 3.2% in 2015 to mark the first drop since the Great Recession, adding further weight to a slow-growing U.S. economy. American businesses have been squeezed by falling exports, cheaper imports and continued caution from cost-conscious consumers. Firms also incurred higher labor costs. Adjusted pre-tax profits fell 7.8% in the […]

Corporate profits

Why the EPI is wrong about the labor share and company profits

We have one of the Economic Policy Institute’s usual whining about how capitalist plutocrats are cheating on the American worker. It seems they are looking in economic statistics for anything that would justify such outcry. And there are a lot of numbers that can be used to support the argument, this is most definitely true. […]

Corporate profits

If corporate profits are increasing, then why are corporate tax revenues decreasing?

Apparently this is one of the great scandals of our time. The way corporate profits are soaring ever higher and yet corporate tax revenues are falling to increasingly low levels as a percentage of both GDP and total tax revenues. Obviously, this has been some change in the war between the plutocrats and the people […]

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 profits rise and wages slide

Corporate profits are at their highest level for at least 85 years. Employee compensation is at its lowest for 65 years. The Commerce Department estimated last week that companies earned $ 2.1 trillion in 2013 and paid $ 419 billion in corporate taxes. After-tax profit of $ 1.7 trillion was 10% of gross domestic product […]

Corporate profits

What Another Record Year of Corporate Profits Means for the U.S. Economy – Quartz

Last year was another record year for corporate America. New numbers published today show they made a record after-tax profit of $1.68 trillion: Or perhaps you would prefer this result expressed as a share of the total national income of the United States? Yes, still a record. This is not a surprise: since the recession, […]

Corporate profits

If corporate profits are at an all-time high, why are corporate taxes near their 60-year low?

Apple is a unique company in many ways, but when it comes to the cavernous difference between its historically high profits and relatively low corporate tax rate, the company is no exception. It is a microcosm. In fact, corporate profits have been rising as a share of the economy since the early 1980s…just as the […]

Corporate profits

In defense of high corporate profits

Over the past month, America’s largest companies reported earnings for the first quarter of the year. These quarterly reports provide as much insight into our economy as any of our leading indicators. And these results, if read correctly, once again highlight the bifurcated world we live in. Our gross domestic product is growing at around […]

Foreign investments

A tax dilemma: foreign investments and your retirement account

Question: Someone told me that every year I pay taxes on dividends from foreign equity funds held in my IRA. If I’m not supposed to pay tax on dividend payments in my IRA, how can that be? Reply: To understand why you can pay taxes on foreign dividends held in your IRA (and your 401 […]

Corporate profits

Bringing foreign company profits back to the U.S. isn’t necessarily a job boost

US companies would rather keep offshore profits offshore than face 35%… [+] in corporate income taxes. Should they bring him back? Republicans want another tax holiday. The White House is okay with that, as long as it’s part of long-term corporate tax reform. Letting U.S.-domiciled multinationals take profits overseas at less than the current top […]