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The Sandbox - Austin The Sandbox is a collection of off-topic discussions. Humorous threads, Sports talk, and a wide variety of other topics can be found here. If it's NOT an adult-themed topic, then it belongs here

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Old 11-02-2011, 10:05 PM   #31
budman33
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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?
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Old 11-02-2011, 11:23 PM   #32
F-Sharp
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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 i
f you don't know the difference between quarterly and yearly profits, but I think we can call this discussion over.


Quote:
Originally Posted by cckid2006 View Post
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):
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Old 11-03-2011, 07:16 PM   #33
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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.
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Old 11-03-2011, 08:41 PM   #34
F-Sharp
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Quote:
Originally Posted by cckid2006 View Post
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.
Seriously? 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.


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