Tag: profits

AP Photo

Liz Warren: Fiery Class-War Populist, House-Flipping Profiteer

Our tax and regulatory systems should be prudently administered to protect property rights and the free, honest flow of commerce. Instead, we’re subjected to value judgments and accusations of bad faith from politicians who refuse to entertain such criticism of themselves.

REUTERS/Edgard Garrido

Confirmed: People Have Very Unrealistic Notions About Corporate Profit Margins

Perhaps political attitudes would change if more people understood that the government is raking in more money from their purchases than Walmart is. Politicians excel at portraying themselves as perpetually under-funded in their selfless quest to make life better for everyone. At the same time, they teach the public to believe private industry is rapacious and exploitative, rather than working with six or seven-percent profit margins.