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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (622776)8/4/2011 11:33:49 AM
From: Alighieri  Read Replies (3) | Respond to of 1579739
 
Let's see if you can understand this.

I am very close to putting you on ignore...your rudeness has been intolerable for some time, but is particularly grating when you post bullshit like this....

As mentioned above, domestic energy companies earned a total of $630 billion in post-tax profits between 1977 and 2004. Tax Foundation economists estimate that companies paid $518 billion in corporate income taxes to federal and state governments during the same period. These payments varied from a low of $5.1 billion in 1995 to a high of $40.4 billion in 1981.

Ok...so I say that the you managed to find the most favorable web site and posted its numbers without any questioning...even industry insiders don't claim such high tax rates...

“We pay our fair share of taxes,” said Kenneth Cohen, Exxon Mobil’s vice president for public affairs, who in a conference call recently lumped more than $6 of sales, state and local taxes together with every $1 of federal income tax paid in 2010.

But Exxon Mobil’s tax rate is “lower than the average American’s,” Daniel Weiss, an energy expert at CAP, countered in an analysis that put the company’s U.S. federal income tax rate in 2010 at just 17.2 percent.

washingtonpost.com

Al