[Toddsterpatriot]

Said "rents" are certainly fair game for taxes, and, no, taxes on such rents do not pass to the consumer, despite what the wags around hear think.

Exxon paid $23.3 billion in 2005, $27.9 billion in 2006 and $29.8 billion in 2007.

Exxon-Mobil

[AndyJackson]

I never said that Exon or other companies don’t pay taxes. I am merely explaining a bit of two century old economic theory to the unwashed here. I presume you already know all this stuff.