This chart is pretty simple to read … corporate profits after tax.  You don’t want to compare that to median wages – believe me.  Corporate profits are at an all time high.  Compare that chart to this quote from Mitt Romney today:

One must ask whether we will still be a free enterprise nation and whether we will still have economic freedom. America is on the cusp of having a government-run economy. President Obama is transforming America into something very different than the land of the free and the land of opportunity.
~Mitt Romney

Source: KMOV.com

Apparently – if you try to do any of the following things … you’re “transforming America into something different than the land of the free and the land of opportunity.”  Mitt Romney is a pathological liar.  All of these are apparently socialism:

• Trying to change a system that allows CEO’s to pay 0% on borrowing millions on their stock grants (source)
• Trying to change a system that allows at least 26 major companies to get a net tax refund over the last 4 years i.e. taxpayers pay these businesses to exist despite ungodly profits (source)
• Trying to change a system that gives $24 billion in taxpayer subsidies for the five largest oil companies that made almost $1 trillion in profits over the past decade  (source)
• Trying to tax someone a little more who makes $1.4 million an HOUR (source)

H/T to Andrew Sullivan for the Romney quote

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