[MCCRon58]

It would sure be helpful if stories like this included the gross sales, not just the net profit, or net taxes. Sure the numbers are big, but they have to be put in perspective. As sales increase, then profits can increase w/o “price gouging”.

[PugetSoundSoldier]

Well then OBVIOUSLY Schumer was right - ExxonMobil should also pay the Federal Tax on gas this summer since they still have some money left!

/sarc

[taxesareforever]

The libs will say that this is not enough. They won’t be happy until the oil companies don’t make any profit. Of course, that would mean no gas for their cars but who said libs had smarts.

[EGPWS]

In the first quarter, Exxon-Mobil earned $10.9 billion, but at the same time paid a total of $29.3 billion in taxes...

How were the taxes utilized?

After all, Exxon-Mobile if having the funds and freedom to use them would certainly created many new domestic job's in their quest to make more profit if not restricted in doing so.

[mozarky2]

Hmmm...who’s doing the gouging here...I don’t believe corporations PAY taxes, I think they COLLECT them...

[Night Hides Not]

So the oil companies are claiming they're paying the sales tax?

Are they including payroll taxes, property taxes, etc.? Every company has to pay those.

If the article was trying to drum up sympathy for the oil companies, I'm not buying it.

They're playing us like an effin' fiddle, just like Big Entertainment, Big Agriculture, etc. The creation of new jobs comes from small companies, and they're getting screwed with the rest of us.

[acapesket]

/shhh..
don’t tell anyone!

We have too many people running around with “Class Envy”,
“Global Warming..we’re all gonna die!” and “It’s not Marxism..it’s Fairness!”
rollin’ around in their brains and it’s become part of their persona.
PLEASE DO NOT CONFUSE EMOTIONS WITH “FACTS”!!

It really upsets the mushy middle!

Now stop it!
You are making Pavlov’s Dogs Public feel bad.

It’s not fair!

[ought-six]

Uh-oh. Someone ought to tell that socialist sh!t Bernie Sanders about that.

[2001convSVT]

And its not enough for Hillary! She wants to nationalize all oil and do to the US what Chavez is doing to Venezuela.

[kittymyrib]

And the Dems have the gall to demand “excess profits” from the oil companies that have to spend many billions in exploration and production of this vital natural resource. Meanwhile, the government produces absolutely nothing but incompetence and disgust.
Exxon should insist that the government pay back Exxon’s excess taxes.

[ozzymandus]

You simply cannot explain this to the dim bulbs who just want to blame “Big Oil” for all their problems. The RATS have used “Big Oil” as a whipping boy to inflame the rabble for a century.

[george76]

Federal excise taxes... 18.4 cents per gallon for gasoline and 24.4 cents per gallon for diesel.

California ...63.9 cents per gallon for gasoline and 72.0 cents per gallon for diesel

plus local sales tax

[popdonnelly]

Oh, but that isn’t enough, say Hillary, Barak, and the rest of the greedy Dems. They have to have their profits confiscated to pay for the fantasies of our environmentalist supporters. Meanwhile, we won’t have any more oil produced, and the price of gasoline will go higher.

The oil companies are in the position of the kulaks in the Soviet Union. Same thing.

[Traveler59]

Here's something the liberals and the environmentalists are going to lock horns over. In 2006, according to the Federal Highway Administration, the estimated total sales of gas throughout the US was 39,041,178,876 gallons (http://www.fhwa.dot.gov/ohim/mmfr/dec06/dec06.pdf). Also the Federal Highway Administration recorded an average of .19 per gallon state sales tax and .18 per gallon federal sales tax (http://www.fhwa.dot.gov/policy/ohim/hs06/xls/mf121t.xls). This means that over $14 Billion was collected on gas sales. So, if fuel sales are reduced there will be fewer tax dollars available for liberal 'give away' social programs.

-Traveler

[The Great RJ]

Don’t forget that share holders also will pay capital gains on their earnings on top of this tax.