Saturday, August 02, 2008

Windfall Profits

ExxonMobil reported record profits for the last quarter, in the neighborhood of  $12 Billion. The Company , however, paid nearly $32 billion in taxes to various governments......... 32 BILLION DOLLARS IN TAXES.....
I'm sorry, if your paying more in taxes than you earn as a profit IT IS NOT A WINDFALL unless you're in government !!!!

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