Wednesday, August 1, 2007

Corporate Profits at an All Time High

I received a request just to post this chart showing corporate profits as a percent of GDP.

I must admit to not knowing the cause of this recent run up (though I recall something about being able to repatriate profits from overseas at a certain tax rate lowered by GW? Anybody know if that's correct?)

Regardless that chart has just got to anger the living patoots out of the left.

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