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To: an amused spectator
I thought the figure was 40 billion net profit and a little over 27.5 in taxes world wide for 2007!
15 posted on 05/11/2008 1:21:38 PM PDT by org.whodat (What's the difference between a Democrat and a republican????)
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To: org.whodat; an amused spectator
Forgot to add, that I guess you meant to compare apples to oranges.
19 posted on 05/11/2008 1:24:27 PM PDT by org.whodat (What's the difference between a Democrat and a republican????)
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To: org.whodat
"In 2007, Exxon disclosed income taxes of $30 billion on revenue of $390 billion and net income of $40.6 billion, a new record. Including income, sales-based and all other taxes, Exxon paid $105.7 billion in 2007 taxes, or about 44% of its revenue. Averaged out from 2003-07, the company calculated that it paid about $13 billion a year in U.S. taxes."

http://ewastedisposal.blogspot.com/2008/03/big-oil.html

My buddy is cringing at the thought of tanking up his truck and equipment @ $4.50 a gallon for diesel. He pays enough to the government to keep the stuff on the road and "safe" from the eagle eyes of the nitpicking DOT revenooers.

Big Oil gets a chunk of change for its product - I'm not arguing that. The media spotlight never seems to fall on Big Thug Government, though.

Why is that? ;-)

43 posted on 05/11/2008 2:57:17 PM PDT by an amused spectator (Spitzer would have used the Mann Act against an enemy in a New York minute.)
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