Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Apr 2010
Posts: 52
Default I will pay more in federal income taxes this year than ExxonMobil

nom=de=plume wrote:
wrote in message
news
On Wed, 07 Apr 2010 01:31:41 -0700, wrote:


Every time you drive up to the pump, you pay more in federal tax for a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S.
income taxes in 2009. That's in spite of the fact that the world's
second largest company had a gross operating profit of nearly $53

Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be doing.


There is a basic problem with how corporations are treated as individuals.
They're not people.


That's an S-corp. Exxon Mobil is a publicly traded C-corp.
  #2   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default I will pay more in federal income taxes this year than ExxonMobil

"Larry" wrote in message
...
nom=de=plume wrote:
wrote in message
news
On Wed, 07 Apr 2010 01:31:41 -0700, wrote:


Every time you drive up to the pump, you pay more in federal tax for a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S.
income taxes in 2009. That's in spite of the fact that the world's
second largest company had a gross operating profit of nearly $53

Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be doing.


There is a basic problem with how corporations are treated as
individuals.
They're not people.


That's an S-corp. Exxon Mobil is a publicly traded C-corp.



Nope. ExxonMobil is treated as an individual, according the several Supreme
Court rulings. Most recently, this involved lobbying limits being removed.

--
Nom=de=Plume


  #3   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Apr 2010
Posts: 52
Default I will pay more in federal income taxes this year than ExxonMobil

nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

wrote in message
news

On Wed, 07 Apr 2010 01:31:41 -0700, wrote:



Every time you drive up to the pump, you pay more in federal tax for a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S.
income taxes in 2009. That's in spite of the fact that the world's
second largest company had a gross operating profit of nearly $53


Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be doing.


There is a basic problem with how corporations are treated as
individuals.
They're not people.



That's an S-corp. Exxon Mobil is a publicly traded C-corp.


Nope. ExxonMobil is treated as an individual, according the several Supreme
Court rulings. Most recently, this involved lobbying limits being removed.


Really? XOM is a sole proprietorship now? I missed that.
  #4   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default I will pay more in federal income taxes this year than ExxonMobil

"Larry" wrote in message
...
nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

wrote in message
news

On Wed, 07 Apr 2010 01:31:41 -0700, wrote:



Every time you drive up to the pump, you pay more in federal tax for
a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S.
income taxes in 2009. That's in spite of the fact that the world's
second largest company had a gross operating profit of nearly $53


Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be doing.


There is a basic problem with how corporations are treated as
individuals.
They're not people.



That's an S-corp. Exxon Mobil is a publicly traded C-corp.


Nope. ExxonMobil is treated as an individual, according the several
Supreme
Court rulings. Most recently, this involved lobbying limits being
removed.


Really? XOM is a sole proprietorship now? I missed that.



Corporations, as they relate to campaign financing. Both sides of the isle
aren't sure about the implications.

http://www.npr.org/templates/story/s...ryId=122805666

--
Nom=de=Plume


  #5   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Apr 2010
Posts: 52
Default I will pay more in federal income taxes this year than ExxonMobil

nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

wrote in message
...


nom=de=plume wrote:


wrote in message
news


On Wed, 07 Apr 2010 01:31:41 -0700, wrote:




Every time you drive up to the pump, you pay more in federal tax for
a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S.
income taxes in 2009. That's in spite of the fact that the world's
second largest company had a gross operating profit of nearly $53



Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be doing.



There is a basic problem with how corporations are treated as
individuals.
They're not people.




That's an S-corp. Exxon Mobil is a publicly traded C-corp.


Nope. ExxonMobil is treated as an individual, according the several
Supreme
Court rulings. Most recently, this involved lobbying limits being
removed.



Really? XOM is a sole proprietorship now? I missed that.


Corporations, as they relate to campaign financing. Both sides of the isle
aren't sure about the implications.

http://www.npr.org/templates/story/s...ryId=122805666


Did you mean aisle? I'm here to help.

When did this discussion deviate from taxes? Evidently you chose to put
up this smoke screen.

Read your own words before you write. You said XOM was not a
corporation. Now you are trying to avoid your mistake and change the
discussion to campaign financing? Nice try.


  #6   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default I will pay more in federal income taxes this year than ExxonMobil

wrote in message
...
On Wed, 7 Apr 2010 17:57:17 -0700, "nom=de=plume"
wrote:

"Larry" wrote in message
om...
nom=de=plume wrote:
wrote in message
news
On Wed, 07 Apr 2010 01:31:41 -0700, wrote:


Every time you drive up to the pump, you pay more in federal tax for
a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S.
income taxes in 2009. That's in spite of the fact that the world's
second largest company had a gross operating profit of nearly $53

Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be doing.


There is a basic problem with how corporations are treated as
individuals.
They're not people.


That's an S-corp. Exxon Mobil is a publicly traded C-corp.



Nope. ExxonMobil is treated as an individual, according the several
Supreme
Court rulings. Most recently, this involved lobbying limits being removed.


You are referring to speech rights, Larry is talking about tax status.
Two different things.



So far. With the current court, who knows. It's pretty hard to separate one
from the other, esp. if they're not paying their "fair" share.

--
Nom=de=Plume


  #7   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Apr 2010
Posts: 52
Default I will pay more in federal income taxes this year than ExxonMobil

nom=de=plume wrote:
wrote in message
...

On Wed, 7 Apr 2010 17:57:17 -0700, "nom=de=plume"
wrote:


wrote in message
...

nom=de=plume wrote:

wrote in message
news

On Wed, 07 Apr 2010 01:31:41 -0700, wrote:



Every time you drive up to the pump, you pay more in federal tax for
a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S.
income taxes in 2009. That's in spite of the fact that the world's
second largest company had a gross operating profit of nearly $53


Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be doing.


There is a basic problem with how corporations are treated as
individuals.
They're not people.



That's an S-corp. Exxon Mobil is a publicly traded C-corp.


Nope. ExxonMobil is treated as an individual, according the several
Supreme
Court rulings. Most recently, this involved lobbying limits being removed.

You are referring to speech rights, Larry is talking about tax status.
Two different things.


So far. With the current court, who knows. It's pretty hard to separate one
from the other, esp. if they're not paying their "fair" share.


Got a cite for any of this? What current court are you referring to and
what does any court have to do with it. You do know there are three
branches of government and how they work, right?
  #8   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default I will pay more in federal income taxes this year than ExxonMobil

"Larry" wrote in message
...
nom=de=plume wrote:
wrote in message
...

On Wed, 7 Apr 2010 17:57:17 -0700, "nom=de=plume"
wrote:


wrote in message
...

nom=de=plume wrote:

wrote in message
news

On Wed, 07 Apr 2010 01:31:41 -0700, wrote:



Every time you drive up to the pump, you pay more in federal tax
for
a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S.
income taxes in 2009. That's in spite of the fact that the world's
second largest company had a gross operating profit of nearly $53


Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be
doing.


There is a basic problem with how corporations are treated as
individuals.
They're not people.



That's an S-corp. Exxon Mobil is a publicly traded C-corp.


Nope. ExxonMobil is treated as an individual, according the several
Supreme
Court rulings. Most recently, this involved lobbying limits being
removed.

You are referring to speech rights, Larry is talking about tax status.
Two different things.


So far. With the current court, who knows. It's pretty hard to separate
one
from the other, esp. if they're not paying their "fair" share.


Got a cite for any of this? What current court are you referring to and
what does any court have to do with it. You do know there are three
branches of government and how they work, right?



So, I guess you're unable to understand the concept of unintended
consequences? I said, "who knows," because it's unclear of the implications.
Of course, if you want to believe Alito's head shake and under-breath "not
true" that's your business.

You're going to rely on Congress to fix the problem??? Don't let the Tea Bag
crowd hear you.

--
Nom=de=Plume


  #9   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Apr 2010
Posts: 52
Default I will pay more in federal income taxes this year than ExxonMobil

nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

wrote in message
...


On Wed, 7 Apr 2010 17:57:17 -0700, "nom=de=plume"
wrote:



wrote in message
...


nom=de=plume wrote:


wrote in message
news


On Wed, 07 Apr 2010 01:31:41 -0700, wrote:




Every time you drive up to the pump, you pay more in federal tax
for
a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S.
income taxes in 2009. That's in spite of the fact that the world's
second largest company had a gross operating profit of nearly $53



Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be
doing.



There is a basic problem with how corporations are treated as
individuals.
They're not people.




That's an S-corp. Exxon Mobil is a publicly traded C-corp.


Nope. ExxonMobil is treated as an individual, according the several
Supreme
Court rulings. Most recently, this involved lobbying limits being
removed.


You are referring to speech rights, Larry is talking about tax status.
Two different things.


So far. With the current court, who knows. It's pretty hard to separate
one
from the other, esp. if they're not paying their "fair" share.



Got a cite for any of this? What current court are you referring to and
what does any court have to do with it. You do know there are three
branches of government and how they work, right?


So, I guess you're unable to understand the concept of unintended
consequences? I said, "who knows," because it's unclear of the implications.
Of course, if you want to believe Alito's head shake and under-breath "not
true" that's your business.

You're going to rely on Congress to fix the problem??? Don't let the Tea Bag
crowd hear you.


Lousy spin.
  #10   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default I will pay more in federal income taxes this year than ExxonMobil

"Larry" wrote in message
...
nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

wrote in message
...


On Wed, 7 Apr 2010 17:57:17 -0700, "nom=de=plume"
wrote:



wrote in message
...


nom=de=plume wrote:


wrote in message
news


On Wed, 07 Apr 2010 01:31:41 -0700,
wrote:




Every time you drive up to the pump, you pay more in federal tax
for
a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in
U.S.
income taxes in 2009. That's in spite of the fact that the
world's
second largest company had a gross operating profit of nearly $53



Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be
doing.



There is a basic problem with how corporations are treated as
individuals.
They're not people.




That's an S-corp. Exxon Mobil is a publicly traded C-corp.


Nope. ExxonMobil is treated as an individual, according the several
Supreme
Court rulings. Most recently, this involved lobbying limits being
removed.


You are referring to speech rights, Larry is talking about tax status.
Two different things.


So far. With the current court, who knows. It's pretty hard to separate
one
from the other, esp. if they're not paying their "fair" share.



Got a cite for any of this? What current court are you referring to and
what does any court have to do with it. You do know there are three
branches of government and how they work, right?


So, I guess you're unable to understand the concept of unintended
consequences? I said, "who knows," because it's unclear of the
implications.
Of course, if you want to believe Alito's head shake and under-breath
"not
true" that's your business.

You're going to rely on Congress to fix the problem??? Don't let the Tea
Bag
crowd hear you.


Lousy spin.



Lousy logic on your part.

--
Nom=de=Plume




Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Exploiting low income workers Charles Momsen ASA 0 November 6th 08 03:03 PM
anyone want voyaging on a small income by annie hill? yihang bmc-unsw Boat Building 0 April 27th 04 02:13 AM


All times are GMT +1. The time now is 11:24 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017