utter bullshit
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- IRNlun60
they pay 2.56% in taxes in their first quarter?..that can't be right. It's 640 million but 2.56% is like paying no taxes at all...
- Mimio0
Pancake, are federal subsidies part of a uniquely couragous capitalistic endeavor?
- NonSeff0
im just saying an energy company that sustains a nation should be checked, im not hating on their profit. but dont trott out stories in the media about how these 80% price hikes must be set to keep the company in the black and then post a 9 billion profit.
- mrdobolina0
In 1952, corporations accounted for 32 percent of federal tax receipts (the post-war peak). In 2003, corporations accounted for 7.4 percent of federal tax receipts.
In 2004:
Corporations paid 10.6 percent of the tax bill -- $184.8 billion. Reminder: our federal budget deficit is about $413 billion. If corporations were kicking in at the old 1952 rate, we'd have no problem.
- pancakeweb0
Mimio - no. That stuff is bullshit. I agree with you there. But to hate on someone simply for making money is simpleton.
- pancakeweb0
Mimio - no. That stuff is bullshit. I agree with you there. But to hate on someone simply for making money is simpleton.
- kyl30
2.54%
how do I gotta blow to get in that tax bracket.
- mrdobolina0
is 2.54 percent fair, pancakeweb?
- emokid0
i don't think anyone is hating on exxon for making a huge profit. that's an assumption you made pancake. exxon can make double the profit for all i care.
the problems seems to be that we were told that times are hard, crude oil prices are higher and these oil companies must raise prices in order to stay afloat.
i am willing to pay $3 a gallon if things really are bad because there is no other option then. but when you see record profits, it hardly seems like things for oil companies are all that bad.
they are raking in the bucks by feeding us lies and THAT is the real issue here.
for once, try not to make something a liberal vs conservative thing. please.
- mrdobolina0
no doubt emokid.
- NonSeff0
thats what im sayin
- ********0
hey if you think this is wrong then stop using gas/oil.
else you better accept harsh corporate reality.
- kyl30
I'd pay 5 a gallon if I didn't think I was buying another mansion for the board of these oil companies. It should be going to cleaning up the environment or r&d for cleaner energy sources
- ********0
"In 1952, corporations accounted for 32 percent of federal tax receipts (the post-war peak). In 2003, corporations accounted for 7.4 percent of federal tax receipts.
In 2004:
Corporations paid 10.6 percent of the tax bill -- $184.8 billion. Reminder: our federal budget deficit is about $413 billion. If corporations were kicking in at the old 1952 rate, we'd have no problem."
If that is to be taken into consideration, everything today must have stayed the same.
Inflation.
The number of companies.
The size of those.
The number of persons in the U.S. to base the % off of.I could go on forever. I wonder how those %s were based.
Leaving certain variables out the %s could go either way. In this case, against, not for.
- ********0
i must also say i am surprised that a lot of you are surprised by this news.
- mrdobolina0
interesting read:
http://www.commondreams.org/view…
pancakeweb won't like it though. It is from a liberal news source, even though it cites non-partisan stats.
- ********0
for once, try not to make something a liberal vs conservative thing. please.
emokid
(Oct 27 05, 13:44)excellent point.
- ********0
Should it be noted that oil (from the oil companies) isn't just used in gas?
Plastics. Metals. Machinery. Parts. Lubricants. The list is endless. They aren't just making billions off of gas prices. The price of crude oil is going down. Stil high at $62 a barrel but coming down.
- NonSeff0
not all of us live in the inner city janne. where public transportation is an option.
so save that piss
- ********0
me neither.
but i don't bitch and whine about gas prices, and i bought myself a car recently as well.
what i do however is contribute to environmental organisations and drive a car that is not too hard on the environment and on my wallet.
that is my point, 'Seff.