More proof that we need more corporate tax cuts immediately in order to spur increased hiring… ///
Turning the Corner: Why 2012 Wasn’t as Bad as You Think
5. Corporations prospered like never before
After-tax corporate profits hit an all-time high in July, up 19% from the year before and nearly threefold over the last decade. As a share of GDP, corporate profits are now at the highest level since records began in the 1940s. S&P 500 dividend payments are also at an all-time high. It’s a great time to be an investor.