Oil windfalls?? Does anyone know how much Exxon-Mobil paid in taxes during the first 2 quarters of 08?

They may be making some serious money but they also pay a lot of taxes to Uncle Sam. They also make their taxes releases public... Here is a hint: it is over 50 million dollars..........


Oil windfalls?? Does anyone know how much Exxon-Mobil paid in taxes during the first 2 quarters of 08?
Well, in 2005 the top three oil companies paid about $114 million in taxes.





This from the Tax Foundation:





';When the federal statutory corporate income tax rate of 35 percent is added to the weighted average of state corporate income taxes, the resulting rate of 39.3 percent means that corporations in the United States are currently at an international competitive disadvantage. In fact, as recent research has indicated, the top combined state and federal statutory corporate income tax in the U.S. is higher than any other country in the OECD. ';Oil windfalls?? Does anyone know how much Exxon-Mobil paid in taxes during the first 2 quarters of 08?
their taxes are all figured into their prices... the consumer pays it... they just handle the check for us...





and paying taxes doesn't make it ok...