Timothy Stolz

U.S. Oil Companies Paid, Collected More in Taxes Than They Made in Profits in 2006

User 290436....how were you able to determine that the $90.445 million from the EIA data Table B5 was likely employee paid? It would be important to know without a doubt that what you say is fact.
I understand WHAT it is you are saying, I am just not certain as to the "definition" of the $90.445 number of what was reported in Table B5.
Can you or Mark Perry elaborate?

U.S. Oil Companies Paid, Collected More in Taxes Than They Made in Profits in 2006

Thank you for the documentation links to the EIA statistics. I ran a couple of copies for the "neighborhood loudmouth" who is always bashing the oil companies. I am opposed to the windfall profits tax as I believe it will damage our oil companies ability to compete in the world markets. This nut case goes out of his way to "preach" that the villian of high gas prices are the sinister oil companies, and that they should either pay more tax or be nationalized.
I doubt this will shut him up....but it will make me feel better!

Why I'm Anti a 'Windfall Profit Tax' on Big Oil

Excellent article! From the comments posted, it is evident that it was read by people who support your views on the windfall profit tax. Now, what is to be done about those whose minds you could change if they simply would read the article?
I plan to make a few copies and take them to work tomorrow and hand them out. What about the rest of you?
That is how change begins; one mind at a time.