Showing posts with label Windfall. Show all posts
Showing posts with label Windfall. Show all posts

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 !!!!