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Big, Evil Oil Companies Pay Most in Taxes

Pete_O_Behr Wrote: Mar 20, 2013 3:41 AM
Tax absorbing deadbeats like the oil companies that receive around $5 billion in taxpayer subsidies every year?
RayTheAnarchoCapitalist Wrote: Mar 20, 2013 9:04 AM
Funny how this alleged amount of oil subsidies changes from poster to poster. The reality is that oil companies receive no subsidies. To justify their imaginary numbers liberals have to count tax deductions for business expenses as subsidies.
charlesthehammer Wrote: Mar 20, 2013 7:06 AM
No tax absorbing deadbeats like Michelle, solar companies, ethanol producers, windmill generating facilities, GM and Chrysler.

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