when 9% is 9 billion, it is rape. (i dont know the real numbers)
On Thu, Apr 28, 2011 at 3:14 PM, Jacob <[email protected]> wrote: > > 9% profit margin. Does not sound like Exxon is raping the consumer... > > > -----Original Message----- > From: Judah McAuley [mailto:[email protected]] > Sent: Thursday, April 28, 2011 10:39 AM > To: cf-community > Subject: Re: Exxon taxes > > > Exxon earnings were announced this morning, actually. > > Profit of 10.65 billion on sales of 114.85 billion. > > Cheers, > Judah > > On Thu, Apr 28, 2011 at 10:26 AM, G Money <[email protected]> wrote: >> >> my heart bleeds for the Exxon corporation. >> >> What kind of revenue do you have to have coming in to owe 9.8 BILLION >> in taxes? >> >> On Thu, Apr 28, 2011 at 12:06 PM, Sam <[email protected]> wrote: >> >>> >>> About Exxon not paying income taxes... >>> >>> >>> http://www.exxonmobilperspectives.com/2011/04/27/gas-prices-and-indus >>> try-earnings-a-few-things-to-think-about/ >>> >>> ExxonMobil is one of the largest taxpayers in the United States Last >>> year, our total taxes and duties to the U.S. government topped >>> $9.8 billion, which includes an income tax expense of $1.6 billion. >>> Over the past five years, we incurred a total U.S. tax expense of >>> almost $59 billion, which is $18 billion more than we earned in the >>> United States during the same period. Critics often try to ignore >>> these facts by saying the oil and gas industry receives "subsidies." >>> But what they really mean is that they want to increase our taxes by >>> taking away long-standing deductions for our industry while leaving >>> these same deductions in place for other sectors of the econom >>> >>> >> >> > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:337118 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
