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To: BradtotheBone

Tax the friggin’ oil companies, not the people.


110 posted on 01/16/2008 11:32:52 AM PST by gopheraj
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To: gopheraj

Where do you think the money to pay any tax by any business comes from? It is included in the price of the product they sell.

ExxonMobil made $39.5 billion in profits last year.
They also paid $97.5 billion in taxes.

Sales-based taxes - $30.381B
Other taxes and duties - $39.203B
Income taxes - $27.902B

ExxonMobil’s 2006 Financial and Operating Review
http://exxonmobil.com/Corporate/Files/Corporate/fo_2006.pdf
Page 22

- - - - - -

ConocoPhillips 2006
Net Income $15.5 billion
Taxes $31.0 billion

Income taxes $ 12.783B
Taxes other than income taxes $ 18.187B

ConocoPhillips 2006 Annual Report
Consolidated Income Statement
http://www.conocophillips.com/NR/rdonlyres/CA84868B-CB7C-4A44-BB60-AD5EFF254023/0/64_67.pdf

- - - - - -

Chevron
Income $3.8 Billion
Taxes $8.4 Billion

Taxes other than on income $ 5.533B
Income Tax $ 2.859B

CHEVRON CORPORATION 2006 ANNUAL REPORT
http://investor.chevron.com/phoenix.zhtml?c=130102&p=irol-reportsAnnual
page 48


111 posted on 01/16/2008 11:59:28 AM PST by thackney (life is fragile, handle with prayer)
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