
Corporations Get a Free Ride
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Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
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Corporations Get a Free Ride
By: Gordon T Long
This alarming chart suggests one or more of three possibilities:
- There is no relationship between corporate taxes and GDP.
- Corporate pretax profits have seen near exponential growth over the last 30 years without being reflected in US taxes receipts.
- Pretax corporate profits have become more and more an offshore phenomenon.
Continue reading Extend & Pretend: Is The US Facing A Cash Crunch?
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