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  • How Evil is Exxon-Mobil? [View article]
    I have seen this sort of analysis of Exxon's income versus taxes for the full year that ended 4 months ago. They made $45 billion after paying $105 billion in various taxes, which means that taxes consumed 70 percent of the $150 billion they would have made had there been no taxes. Maybe we should have an excess profits tax on Sen. Schumer if he takes home more than 30 percent of his pre-tax income. Schumer did a pretty good job of ruining IndyMac bank, it scares me that he is turning his attention to Exxon without taking a refresher course in ethics first. He probably doesn't have enough sense to be ashamed of himself for causing a run on the bank.
    Aug 01 08:06 am |Rating: 0 0
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