 |
Optimist EconomyAuthor: Kathryn Anne Edwards and Robin Rauzi
Economist Kathryn Anne Edwards and co-host Robin Rauzi talk about the fundamentals of the economy and how to build a better future one problem and solution at a time. Our premise is that the United States has a remarkable economy and yet for tens of millions of Americans it is not performing up to its potential. It could be more open to aspiring workers, less hostile to change, safer for workers, less risky for retirees, and so on. Support the podcast at: optimisteconomy.com Ask questions or share your economic worries with us at: optimist.economy@gmail.com Language: en Genres: Government, Society & Culture Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
Listen Now...
Corporate Profits Are Up. Their Tax Bill Should Be Too.
Episode 9
Tuesday, 24 March, 2026
The corporate income tax rate got hacked nearly in half by the 2017 Tax Cut and Jobs Act. So nine years later, how’s that working out? Corporations’ effective tax rate (about 9%) is lower than what the average American household pays (about 14.5%). After-tax corporate profits have hit record highs for the last four years — about 9% of GDP, a figure not hit since 1929. Workers' share of total national income, by contrast, is at a 70-year low. If corporate taxes go back up, some companies may threaten to reincorporate somewhere cheaper. Call that bluff. Someone else will deliver the toilet paper and make the coffee. Donate to keep Optimist Economy going: https://optimisteconomy.com Video clips are on the Optimist Economy YouTube channel. Consume leisure with us on Instagram at @optimist_economy or TikTok at @optimist_economy. Or meet other Optimists on our Substack chat. Feel like dis-saving? Our merch: https://merch.ambientinks.com/collections/optimisteconomy Got economic questions, concerns, or executive orders? Send them to optimist.economy@gmail.com
