Because U.S. corporations were taxed on a total of gross receipts of roughly $40T, while personal income was taxed on a much tighter pool of roughly $23.9T.
It's wild how the President literally said, "I love the poorly educated." It turns out that when you treat a PhD like a deep-state conspiracy and a high school diploma like a Nobel Prize, you just get a country that tries to fix its power grid with thoughts, prayers, and a sharpie.
To be fair, this same realist perspective seems to suggest humans would not have been capable of developing a COVID vaccine for 5 to 10 years; yet, they identified the virus and authorized vaccine use within eight months.
Not to diminish the accomplishment of rolling out the Covid vaccine in such a rapid timeframe, but… there was something like 40+ years of research into creating mRNA vaccines that laid the ground work.
The Netherlands typically accounts for roughly 1.5% to 2% of the global video game market. After applying this share to Epic’s global estimated revenue of $5.7 billion, we can estimate roughly $100 million to $115 million for 2024.
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