Native Washingtonian and progressive liberal democrat (and active voter). Retired when "W" took over the white house, I knew the "Clinton-like" years were over. Sadden by the current state of the country's political discourse due to the election of the first non-white president. In my life time I have never witness a US POTUS so hated by 40% of US citizens.
Wednesday, March 28, 2012
Exxon Mobil’s Tax Rate Drops To 13 Percent, After Making 35 Percent More Profits On Rising Gas Prices In 2011
Exxon Mobil’s Tax Rate Drops To 13 Percent, After Making 35 Percent More Profits On Rising Gas Prices In 2011: pExxon Mobil, the most profitable of the big five oil companies, made $41.1 billion in profits last year. Although Exxon made 35 percent more profits since 2010, its estimated effective tax rate actually dropped. Citizens for Tax Justice reported Exxon paid only 17.6 percent taxes in 2010, lower than the average American, and a Reuters [...]/p
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