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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Oblomov who wrote (41157)	9/8/2005 9:27:53 PM
From: ild	Read Replies (1) \| Respond to of 110194

The comment for the chart: Lastly, we continually need to remind ourselves that US corporations are currently being given the gift of a half century at least in terms of their actual tax liability. We all know what "stated" corporate tax rates look like, but it is what has been actually realized over time that counts. In the following chart we are not looking at "stated" tax rates. What we have done is take the raw BEA data for after-tax corporate profits and actual corporate taxes paid in dollar terms and have calculated the actual (or paid) tax liability of the US corporate sector over what is near the last sixty years. Get the point? This is the reality of the situation, not a tax rate quoted from a Commerce Clearing House tax guide.