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Exxon's just a poor working-class stiff like the rest of us....

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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 05:49 PM
Original message
Exxon's just a poor working-class stiff like the rest of us....
Parsing Exxon's tax bill

Exxon Mobil wants to tell you something: It pays taxes. A lot of them.

In the first months of this year, Exxon (XOM, Fortune 500) says it paid $3.1 billion in taxes in the United States -- more than even the $2.6 billion in profit it made selling oil and gas.

To get to that number, the company includes the federal and state gasoline taxes that the company collects from drivers and passes on to government coffers. It also includes payroll taxes the company pays on behalf of its employees.

The company is highlighting its overall tax contributions to make a point: It wants Americans to see just how much the company and its activities add to the overall tax rolls.

"We are one of the largest taxpayers in the United States," said Alan Jeffers, an Exxon spokesman.

For Exxon -- and the oil industry overall -- the message is urgent.

http://money.cnn.com/2011/05/04/news/companies/exxon_oil_taxes/index.htm?iid=RNM
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bluedigger Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 05:55 PM
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1. They seem to have tax paying and tax collecting confused. n/t
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socialist_n_TN Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 06:00 PM
Response to Reply #1
2. My first thought also. There IS a difference......
between paying taxes and collecting them.
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-05-11 07:28 AM
Response to Reply #2
4. +1
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jdlh8894 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 06:11 PM
Response to Original message
3. Yeah,and the Teamster drivers that deliver the fuel
don't pay taxes?
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OwnedByFerrets Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-05-11 07:33 AM
Response to Original message
5. Damn fuckers
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