View Single Post
Old 02-21-2008 | 11:22 AM
  #121  
CPOonfinal's Avatar
CPOonfinal
Gets Weekends Off
 
Joined: Sep 2007
Posts: 207
Likes: 0
Default

Originally Posted by fosters
Corporations don't pay tax....

You are absolutely correct. I think Neal Boortz was just illustrating the amount of tax money that is handed over to the imperial Federal Governement by 'Big Oil'. However, all of those 'obsene' profits that pay the salaries of everyone in the company and stock holders is taxable income/capital gains......

It is also important to point out that Exxon paid (collected) more taxes to the Federal Government than did the bottom 50% of wage earners in the U.S. For those of you in southern Florida (Rio Linda) and can't even figure out how a paper voting ballot works, wager earners are those people who actually have jobs and pay income tax.

LIFENTHEFASTLANE.....or however you spell it.
The question about "How did OUR oil get under THEIR sand?
" is classic!!! LMAO!
Reply