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Big, Evil Oil Companies Pay Most in Taxes

Pete_O_Behr Wrote: Mar 20, 2013 3:43 AM
the companies don't pay income taxes because the government subsidizes them for nearly all they pay anyway, and then they still collect them from you and me to line their own pockets.

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