Home > The Economy > 3 US charts 1960 to 2012: profits, wages and taxes

3 US charts 1960 to 2012: profits, wages and taxes

from David Ruccio

Profits-income taxes

source

The national income accounts may have been revised (changing, among other things, the way research and development and pensions are treated) but the results remain roughly the same: corporate profits after taxes amounted to a record 9.7 percent of GDP (meaning that in each of the last three years it has been higher than the earlier record high, of 9.1 percent, which was set in 1929) and that wages and salary income in 2012 amounted to 44 percent of GDP (the lowest at any time since 1929).

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Categories: The Economy
  1. August 11, 2013 at 10:25 pm

    Reblogged this on Geoff Kennedy and commented:
    More data indicating the historical decline in wages in relationship to productivity and profitabilty.

  2. Herb Wiseman
    August 12, 2013 at 2:56 am

    All we need now are the numbers for the debt and the growth income of the 1% for the same time frame. Two matter. for the debt we need principle and accumulated interest.

  3. August 12, 2013 at 10:05 am

    Good charts… Does anyone know of more detailed ones regarding different types of business firms (eg. «multinationals… «small and medium enterprises»…)?
    I only have a sample for France based companies.

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