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Political Factoid
46 percent of the profits for the S&P companies come from abroad.
- That profit is exempt from U.S. income taxes.
(The U.S. government gets no tax revenue.)
- That profit was produced by non-American workers.
(The U.S. government receives no income tax revenue from wages.)
Another reason the U.S. economy is not what it used to be.
cf. 374
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