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Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: Re: An interesting Fiscal Cliff observation||Date: 12/21/2012 12:46 PM|
|Author: patchdodd||Number: 411923 of 457445|
...Finally, to really drive this point home — do you know how much the loopholes, subsidies, and targeted tax tricks for the 5,000 largest businesses in this country costs us in the deficit each year? More than $1.5 trilion.
I don't have any idea how much of Cody Willard's above comment represents hyperbole or exaggeration.
All of it. Total corporate profit in the US ~ $1.5T/year.
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