Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: CSM
Let's see, Exxon makes a 9.7% return and you deem this as excessive. What is the percentage of return for the government?

Great point. Here is Kali-fornia sales tax alone is nearly equal to Exxon's return.

17 posted on 02/01/2006 9:53:47 AM PST by BigBobber
[ Post Reply | Private Reply | To 14 | View Replies ]


To: BigBobber

And with the government, that return is on zero investment or producing revenue. Technically, that is a return of 0% due to the multiplier being a 0. I like to think of it as the same return a theif makes after a score.


21 posted on 02/01/2006 10:00:23 AM PST by CSM (Lick a finger, politicize the wind, and place the finger into the wind. - EGPWS, 1/26/2006)
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson