Joe840 Wrote:
Dec 27, 2012 7:44 AM
What tax breaks would those be, other than the standard deductions all companies get? Also, from what orifice do you pull your profit figures to back up your statement that they are the most profitable companies in the world? Should Apple and Ford no longer be allowed to take any tax deductions? If all deductions are eliminated across the board and rates are lowered, I could agree. Profit Margins for some companies: Apple: 26.67% Goldman-Sachs: 18.07% Ford: 13.35% Chevron: 10.7% Exxon-Mobil: 10.4% GE: 9.39% Royal Dutch-Shell: 5.69% ConocoPhilips: 4.53% Wal-Mart: 3.57% I suppose you're a follower of the maxim that if you tell a lie long enough, people will start to believe it. Obviously, it worked on you.