[USS Alaska]

Total taxes paid by Exxon in Q1, 2011, $ 26.6 BILLION as compared to $10.3 BILLION in profit.

So for every dollar that Exxon, earned, based on sales of it's products and services, various governments confiscated $ 2.6 dollars for doing nothing.

Not one government employee, drilled a hole, drove a truck, pumped a drop of gas, worked in research or did a single productive thing, but still wants more revenue from the company.

[USS Alaska]

Exxon earned 9% profit but paid 23% in taxes and yet no government official says that the government is "making too much money" from the evil oil company.

Exxon earns money, governments confiscate money.

[mewykwistmas]

“Not one government employee, drilled a hole, drove a truck, pumped a drop of gas, worked in research or did a single productive thing, but still wants more revenue from the company.”

Does the tax include whatever fee the Gov charges for each barrel of oil taken from Govt land, sales tax, payroll tax, or is it just a tax on profit?

That much of the tax money was wasted we know, but in theory it goes to pay for the army, for the roads and for the coast guard and for the.