PROOF: Corporations ripping us off. Supremes’ failure again. Oil glut: YES. People: Trump is guilty?

Politics Done Right · Jun 21, 2022 · 58m

Study Shows Excess Corporate Profits in the US Have Become ‘Widespread’: A new research paper finds that corporate price markups and profits jumped to their highest levels in seven decades last year. A new paper published Tuesday shows that U.S. corporate price markups and profits surged to their highest levels since the 1950s last year, bolstering arguments for an excess profits tax as a way to rein in sky-high inflation. Authored by Mike Konczal and Niko Lusiani of the Roosevelt Institute, the analysis finds that markups—the difference between the actual cost of a good or service and the…