Despite the huge amount of taxes oil companies pay, to the left it is not enough. A tax rate of 41%
Exxon's 2007 Tax Bill: $30 Billion
posted on: February 05, 2008 | about stocks: XOM
Corporate profits receive a lot of media attention, but what receives considerably less attention are the corporate taxes paid on corporate profits. Do a Google search for "Exxon profits" and you'll get about 8,000 hits. Now try "Exxon taxes" and you'll get a little more than 300 hits. That's a ratio of about 33 to 1.
I'm pretty sure that Exxon's tax payment in 2007 of $30 billion (that's $30,000,000,000) is a record, exceeding the $28 billion it paid last year.
By the way, Exxon pays taxes at a rate of 41% on its taxable income!
[Update: The $40.6 billion and $39.5 billion figures are after-tax profits. For 2006, Exxon's EBT (earnings before tax) was $67.4 billion, it paid $27.9 billion in taxes (41.4% tax rate), and its NIAT (net income after tax), or profit, was $39.5 billion.]
http://seekingalpha.com/article/6313...ill-30-billion
How do you tell a communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.
Ronald Reagan
I'm proud of my johnson
you just haven't been able to convince the masses to put the ham in yet, you have half the ingredients because you know traditional socialism is disfavored by the majority. so you slink back some of the control, big deal. it is in "effect" socialism.
howz that listerine taste potty mouth?
until the ham is in there, it ain't socialism.... that's fact. Democrats have no desire to publicly own all private property.
and if you don't fucking like my word choices, put me on ignore, you little pussy. Why in the world should I clean up my language to placate an annoying little worm like you? Now how are you coming on that list of conservative spearheaded progressive initiatives from my list? Or are you gonna slink away from THAT slice of bullshit as well?
you don't have to be macho to put me on ignore...and you don't have to have a great deal of integrity to run away from your own stupid statements.
Got that list together yet?
When I hear a political party call themselves----Progressive, two words come to mind...
oppressive..
depressive
"A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself."
Tullius Cicero (106-43 BC)
the one liberals opposed and Reagan stood firm to let us win.
Yea, build up strength from conservative values, then insist on changing it to socialism
conservatives did that
conservatives again
passed by NIXON, OSHA, EPA
all disasters
Mr. Mail order! LOL
you are on drugs if you think that "conservatives" ended slavery and passed women's suffrage.... and you really do need to understand the difference between the words "conservative" and "republican". Nixon was the latter, NOT the former.
you so ansy pansy when it comes to wanting a response, but when others have asked it of you, you have no problem taking your time.... besides meltdown boy, i was working on a project and didn't have time for a response
civil rights
end of slavery
i don't recall your whole list, so thats it for now, besides, you already admitted that "they may not all be" from the dems, so even YOU have doubts...LOL
so they were liberals ninny?
you can't hijack progress made by republicans and claim some new party or idealogue was responsible. republicans, conservatives far out voted liberal dems when it came to civil rights...you bullshit claim that they weren't conservatives, but social progressives or whatever BS name you are trying to pawn off (didn't exist then, you are trying to re-write history)...
http://www.usatoday.com/news/opinion...politics_N.htmMost Americans probably don't know it, but the civil rights acts of the mid-1960s could not have happened without Republicans. Their votes, and the leadership of Senate Republican Leader Everett Dirksen at the time, helped break filibusters and roll over opposition to civil rights legislation in 1964 and 1965. Higher percentages of Republicans than Democrats voted for the Civil Rights Act of 1964.
now stop your meltdown and come back to rational debates where you don't constantly insult people....or are you going to threaten me with pissing on my grave....