Corporate profits in the second quarter grew to $1.467 trillion annualized-up from $1.455 trillion in the fourth quarter
(previously $1.476 trillion).
http://mam.econoday.com/byshoweventf...9&cust=mam#top
By 'subject to tax' did you mean to refer to how good corps are getting at parking profits overseas?
- budman33
- 11-02-2011, 10:05 PM
- F-Sharp
- 11-02-2011, 11:23 PM
Oh give it up already numbnuts, you're not even close. That's a QUARTERLY value, not yearly. Here's the BEA table for 2008.
http://www.bea.gov/newsreleases/nati...df/gdp109p.pdf
Scroll down to Table 11, page 13. Profits by quarter, 2008
I. 1,593.5 II. 1,533.3 III. 1,514.8 IV. 1,264.5
All I did for 2009 is take an average of $1.25 and multilpied it by 4. Since you continue to bust my balls and waste my time, here's the actual values by quarter for 2009:
I. 1,182.7 II. 1,226.5 III. 1,358.9 IV. 1,467.6
Those values can can also be found here from the BEA site, again Table 11, page 13.
http://www.bea.gov/newsreleases/national/gdp/2010/pdf/gdp4q09_3rd.pdf
Add those numbers up you'll get $5.23 Trillion for 2009. Nobody's promoting anything, I only deal in facts. Now I'm sorry if you don't know the difference between quarterly and yearly profits, but I think we can call this discussion over.
http://www.bea.gov/newsreleases/nati...df/gdp109p.pdf
Scroll down to Table 11, page 13. Profits by quarter, 2008
I. 1,593.5 II. 1,533.3 III. 1,514.8 IV. 1,264.5
All I did for 2009 is take an average of $1.25 and multilpied it by 4. Since you continue to bust my balls and waste my time, here's the actual values by quarter for 2009:
I. 1,182.7 II. 1,226.5 III. 1,358.9 IV. 1,467.6
Those values can can also be found here from the BEA site, again Table 11, page 13.
http://www.bea.gov/newsreleases/national/gdp/2010/pdf/gdp4q09_3rd.pdf
Add those numbers up you'll get $5.23 Trillion for 2009. Nobody's promoting anything, I only deal in facts. Now I'm sorry if you don't know the difference between quarterly and yearly profits, but I think we can call this discussion over.
From the IRS website Corporate profits for 2008 (latest available) were:
$1,534,397,243
Not $5,000,000,000
I believe you took a projected annual number from third quarter of 2009 and extrapolated an annual number.
Statistics used by people promoting an agenda are always misused. For you only F-sharp (its probably too boring for everyone else - including me): Originally Posted by cckid2006
- cckid2006
- 11-03-2011, 07:16 PM
Typical. Resort to name calling when your shown to be wrong. That is a projected annual number not a quarterly number. Read Bud's post.
- F-Sharp
- 11-03-2011, 08:41 PM
Typical. Resort to name calling when your shown to be wrong. That is a projected annual number not a quarterly number. Read Bud's post. Originally Posted by cckid2006Seriously? Now you're just fucking with me right?
The links posted are the ACTUAL numbers straight from the BEA, which is the source of the information in Bud's link. Did you even bother to read either one?
D, Wyldeman...You've both officially been out-done.
