Or get a 312 million dollar rebate... -----Original Message----- From: G Money [mailto:[email protected]] Sent: Thursday, April 28, 2011 12:27 PM To: cf-community Subject: Re: Exxon taxes
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-indust > ry-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:337091 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
