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Big, Evil Oil Companies Pay Most in Taxes

Nik L Wrote: Mar 19, 2013 4:00 PM
ROS of oil companies = 9-11%. Pretty puny compared to, say, mascara companies. Yet no one talks about the “obscene profits” of mascara companies. The boogeyman scare only works when you have low-info voters.
Pete_O_Behr Wrote: Mar 19, 2013 4:04 PM
Low-information? Sounds perfect for TH.com
charlesthehammer Wrote: Mar 20, 2013 7:10 AM
Yeah Pete, I wonder how many people (tax paying individuals) are employed by the oil industry. You fail to include tax revenues from EMPLOYEES as well as the employers. You evidently think as Pelosi does, people on welfare and food stamps are a source of revenue and a boost for the economy.

It's no surprise liberals love taxes. The new Democratic Senate budget calls for $1 trillion in tax increases in order to offset $1 trillion in new spending. But liberals who constantly demonize big oil are biting the hand that feeds and fulfills their big govenrment spending dreams. It turns out, big oil companies like Exxon Mobile and Chevron pay the most in taxes out of any other company. 

1. ExxonMobil
• Income tax expense: $31.05 billion
• Earnings before taxes: $78.73 billion
• Revenue: $428.38 billion
•1-year share price change: 6.56%
•...

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