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Guess who pays no federal income taxes or taxes at a lower rate thanyou do...
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Califbill
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Guess who pays no federal income taxes or taxes at a lower rate than you do...
"Canuck57" wrote in message news
On 23/08/2011 9:47 AM,
wrote:
On Mon, 22 Aug 2011 21:37:12 -0700, "Califbill"
wrote:
Reply:
Actually read the article.
http://money.cnn.com/galleries/2010/...x_bills/2.html
Exxon paid 47% of their profit in taxes. Just not in the US. They get
to
deduct those taxes paid overseas. It says Nigeria gets a tax rate of 85%
on
any profits in the country. Seems as if it is congress problem, not an
Exxon problem. Looks like Exxon actually paid the USA 7.7 Billion in
taxes
and duties last year. Seems as if that added some to the cost of fuel.
I thought the US was the most heavily taxed nation in the world. Which
is it. Do we have high or low taxes? Since you claim to have read the
article, please tell us how many taxes Exxon paid to the IRS?
Absolutely zero, so naturally we gave them a subsidy to ruin the
environment.
Maybe on a gross level, but no one an individual level. Just that with
your record you can't travel out of state much less the country.
--
We have the most expensive governments no one can afford.
And wonder why the economy is doing so poorly?
Reply:
Article said Exxon paid $7.7 billion in taxes to USA entities.
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