I confirm that they do just that. As I noted recently, corporate profits make up 67% of the GDP of the Isle of Man. For comparison, they make up 21% of the profit of the United Kingdom, which might reasonably be used as a benchmark.
Corporate profit as a % ge of GP is to be compared to corporate profit as a % ge of profit?
No doubt we’ll be told that corporate profits are 21% of UK GDP, it’s just a typo. But even that’s not true, that’s the capital share in the economy. Which isn’t, really isn’t, the same as the corporate profit share.