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Big, Evil Oil Companies Pay Most in Taxes

Pete_O_Behr Wrote: Mar 19, 2013 4:06 PM
Oil subsidies don't pay for themselves
charlesthehammer Wrote: Mar 20, 2013 7:12 AM
Big government (democrat, naturally) confiscates tax monies and, as Obama and Michelle are examples, squander it.

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%

Related Tags: Big Oil Taxes