This is a bogus article. Completely fabricated. The top US Corporate tax rate is 35%. So Exxon cannot have a tax rate of 41.4%, impossible. Everone see that. The author states a tax rate that the Federal Government does not have. You cannot argue anymore. The tax rate does not exist. The Author made it up. You cannot argue about fantasy Tax Rates that do not exist. Jesus. You would think we had a bunch of grade school kids here trying to understand percentages for the first time.
The math does not add up correctly. This is a bogus article. Completely fabricated. The top US Corporate tax rate is 35%. So Exxon cannot have a tax rate of 41.4%, impossible. The lower 50% of American Income is $14,000 on average according to this jokster. Jesus, we must be an exceptionally poor nation to have such a low income average for half the nation. I dare say his facts are fucked or America is a third world developing country.
Exxon's 2007 Tax Bill: $30 Billion [View article]
Exxon's 2007 Tax Bill: $30 Billion [View article]