Corporate profits, after exploding in the high-inflation era, fell this year. The federal government collected a record $30 billion in tariffs in September. Corporate profits and tariffs. In the nonfinancial industries combined, pretax profits were still at an annual rate of $2.65 trillion (my detailed discussion by category of corporate profits is here). So the September figure here is the DTS amount of $31.7 billion minus $1.7 billion in estimated excise taxes.