I suspected that and had heard about it, but you know about “hearing” about things. I like it straight from the horse. Thanks and I appreciate your postings as always.
ExxonMobil for example,
profit kept from total revenue = 7.7%
taxes paid from total revenue = 21.7%
Government makes 3 times the money than this company does from the sales.
http://www.sec.gov/Archives/edgar/data/34088/000003408814000012/xom10k2013.htm
Ref page 36 & 53