Corporate Income Tax

The 2017 law  reduced corporate to 21% from 35%
 See Candidate Tax Proposals

Corporation Profit Up Entire 21st Century

A line chart shows the corporate profits of U.S. nonfinancial industries, U.S. financial industries, and those to U.S. companies originating in the rest of the world as a share of national income over the period from the first quarter of 2001 to the fourth quarter of 2024.

 

 

2017 Law Lowered Corporate Tax Revenue
1.7% to 1.3% of GDP

Total Grows and Grows and Grows

 

 

Source US Senate

 

 

 

2017 Tax Law Some Saved Lots of $

 

Only Wages Went Down


US Corporations Pay Less

 

 

 

Groceries are last in supply chain. But, on the way to the market and
beginning with fertilizer, it is a different story.


Grocery Margins Not a Problem.