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Pandering to the Right Fringe

…favor the wealthy–lowering corporate tax rates to half their current level, eliminating corporate tax entirely for manufacturers, eliminating corporate tax on overseas profits that are used to buy manufacturing equipment…

Greg Mankiw’s anti-tax arguments

corporate taxes he only gets a 5.2% return–asserting that the corporation “pays a 35% corporate tax on its earnings”. He pays taxes on that income, so he claims his after-tax…

CORPORATE CASH HOLDINGS

corporate retained earnings to the GDP GAP lagged one year it looks like the debate should be over why corporations are investing so much. This determinate of corporate retained earnings…

IRS Budget: Penny-Wise, Pound Foolish

Kash recently posted a graph entitled Historical Profits, which had me looking for an excuse to post the following graph showing corporate taxes relative to corporate profits before taxes (see…