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To: stockstrader
The oil companies already pay about double the amount of what they earn in profit--in total taxes.

Nope. Corporations do not pay tax, they collect tax. All corporate taxes are passed on to customer and all taxes are ultimately paid by the end consumer. That'd be you and me. This notion of so-called "corporate taxes" is yet another ponzi scheme perpetrated by the Leftists to pit one group of people against another in order to make the group they wish to demonize to "pay their fair share". It's very similar to the class warfare they constantly employ. If taxes are increased or "tax incentives" are removed, it will be reflected in the price of the product and will be paid by the end consumer.

13 posted on 11/25/2006 6:34:27 AM PST by Thermalseeker (Tennessee - The last Conservative rock sticking above a deep blue sea....)
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To: Thermalseeker
Good point.

The Federal Government uses the oil companies as a 'branch of the IRS'--and the oil companies get the blame for the high cost of gas.

Amazing.

22 posted on 11/25/2006 2:34:30 PM PST by stockstrader ("Where government advances--and it advances relentlessly--freedom is imperiled"-Janice Rogers Brown)
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