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To: thackney

“I did a little checking and found that the industry pays an average 41.1% of net income in taxes”

Uhhhhh......You and I, as customers, are paying these taxes.

When Dems Obama say they want to tax the “evil Oil Companies remember it is you they are taxing.....consumers always are the ones that eventualy pay taxes....


16 posted on 05/20/2011 9:58:55 AM PDT by Forty-Niner (Palin/West 2012)
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To: Forty-Niner
Every single tax paid along the supply line is ultimately embedded in the sale of the products.

If there was a way to figure up the amount of that price that went to some sort of tax, including the income tax of employees, it would be amazing.

17 posted on 05/20/2011 10:56:39 AM PDT by thackney (life is fragile, handle with prayer)
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