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To: Blood of Tyrants

The oil companies get to keep maybe 40% of their profits. They get taxed every way imaginable, and some ways aren't imaginable by everybody.


15 posted on 04/26/2006 6:43:32 PM PDT by RightWhale (Off touch and out of base)
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To: RightWhale
The oil companies get to keep maybe 40% of their profits. They get taxed every way imaginable, and some ways aren't imaginable by everybody.

Wrong, corporations never pay taxes, they never have and they never will, they collect taxes, tax is just another part of the cost of the item they sell. The consumer pays taxes.

95 posted on 04/26/2006 7:34:35 PM PDT by org.whodat (Never let the facts get in the way of a good assumption.)
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To: RightWhale
The oil companies get to keep maybe 40% of their profits.

And that is passed to the shareholders as dividends.

112 posted on 04/26/2006 7:56:40 PM PDT by Mike Darancette (Proud soldier in the American Army of Occupation..)
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To: RightWhale

40 billion profits AFTER taxes?? Awwww poor little darlings

To bad so sad about taxes they have to pay!


124 posted on 04/26/2006 8:07:36 PM PDT by stopem (To allow a bunch of third world country nationals to divide Americans is unconscionable!)
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