by Mike Kimel Corporate Profits and Corporate Taxes Based on a comment by reader Troy, the following graph from FRED, posted without comment: Figure 1…

…on his back with its reaganomics-inspired program to cut-taxes-to-shrink-(nonmilitary)-government-and-eliminate-public-infrastructure-and-social-justice-programs; de-regulate-to-free-up-big-business; privatize-wherever-you-can-especially-schools-bridges-and-other-essential-services. Not to be outdone, Tim Johnson signed the no-tax-increase pledge on the dotted line, with his right-hand aide as…

…majority of people in favor of higher taxes and higher taxes on the rich and corporations in particular; ignore the facts that show that higher taxes on the rich and…

…guarantees that a truly rainy day will come and there will be no funds to meet the unexpected needs. Or they can raise taxes–either sales taxes, which will fall primarily…

…other types of taxes, such as corporate taxes? Should we focus on the tax rates paid by middle income earners rather than (or in addition to) tax rates paid by…

…greater taxes in the future. Years later, this idea became known as “generational accounting”, which put forth the simple proposition that the present value of taxes over time must cover…

…It is that fundamental. What if we go to the next step: Taxes. I keep hearing how the rich are carrying the tax load. I’m sure this is also on…

…that NO policy maker would suggest is more taxes. Especially not more regressive payroll taxes. I continue to tell you that increasing taxes to stabilize SS is simply not in…

…he pays no tax, so it would not be reasonable to assume “forty five years of taxes” to get a benefit based on thirty five years of taxes. What is…

…in Alternative Minimum Taxes (AMT) in a year when he would otherwise have paid very little in taxes. That is, in fact, the purpose of the AMT–to force wealthy taxpayers…