my heart bleeds for the Exxon corporation. What kind of revenue do you have to have coming in to owe 9.8 BILLION in taxes?
On Thu, Apr 28, 2011 at 12:06 PM, Sam <[email protected]> wrote: > > About Exxon not paying income taxes... > > > http://www.exxonmobilperspectives.com/2011/04/27/gas-prices-and-industry-earnings-a-few-things-to-think-about/ > > ExxonMobil is one of the largest taxpayers in the United States > Last year, our total taxes and duties to the U.S. government topped > $9.8 billion, which includes an income tax expense of $1.6 billion. > Over the past five years, we incurred a total U.S. tax expense of > almost $59 billion, which is $18 billion more than we earned in the > United States during the same period. Critics often try to ignore > these facts by saying the oil and gas industry receives subsidies. > But what they really mean is that they want to increase our taxes by > taking away long-standing deductions for our industry while leaving > these same deductions in place for other sectors of the econom > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:337062 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
