Sam <[email protected]> wrote: > > I thought 80% was too high. > > > 20% of 30b = 6b > 1.6 / 6 * 100 = 26.6% >
Here's the take-away message with this: (1.) You're religious. Never try to prove your religion with real world facts. You'll lose every time. (2.) Exxon, even after every accounting shenanigan in the book, after spinning every number as hard as possible, can only come up with a 5% income tax rate. (3.) The republican message is that Exxon's 5% tax rate is just fine, as are the policies for multi-nationals to ditch American jobs and transfer their wealth (and the wealth of their executives) into foreign investments. The reason commodity prices are so high is due to *foreign demand* in emerging markets for food and fuel. The US multi-nationals are encouraging that growth (as they should), but at the expense of the American worker and taxpayer. That's a broken and fecked up policy. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| 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:337218 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
