patrick.net

“Corporate profits with inventory valuation and capital consumption adjustments) increased $32.5 billion in the third quarter,” says the government.

And what about taxes?

“Taxes on corporate income decreased $9.1 billion in the third quarter, compared with a decrease of $1.8 billion in the second.”

In terms of income, the Bureau of Labor Statistics says the median wage of someone in the financial services field is $67,690 versus the general wage of $44,410. That’s a 52% premium.

Income, of course, is very important. The more you earn the more likely you are to get a good FHA, VA or conventional mortgage at a good rate — and the less likely you are to be foreclosed.

http://www.ourbroker.com/news/corporate-profits-up-taxes-down-122711/

#housing