So they're coming looking for a lot of your money. All right, let's look at America's corporate sector. Corporate profits have boomed the last five years. Corporate profits as a percentage of GDP at 13.1% in 24 after tax, profit margins at 10.7%. Why are companies gotten so profitable? Well, inflation inflates their sales, inflates their profits. Low financing costs. They financed all their debt at such cheap rates in 20, 21 and 22. (58:39–58:48)
CLAIM
Provides specific figures for corporate profits and profit margins.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
