[volunbeer]

Thanks for that link.... a cut and paste of the most important part -

"also noted the company's (Exxon) U.S. tax obligation in the past five years was about $60 billion -- about $20 billion more than its U.S. net income for the same period.""

[conservative in nyc]

Exxon Mobil had an "obscene", record profit of $39.5 Billion last year. It also paid an "obscene", record amount of taxes worldwide last year. From FReeper bricks4all2's post on another thread:

To: IamConservative

more specifically is yet another XOM record, 2006 was the first year they funneled over $100 billion in taxes

................................... 2006 ..... 2005 ($millions)
-Income taxes........... 27,902... 23,302
-Sales-based taxes.... 30,381... 30,742
-All other taxes......... 42,393.... 44,571

Total taxes.............. 100,676... 98,615

17 posted on 02/02/2007 2:20:31 PM EST by bricks4all2