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Old 03-01-2011, 10:04 PM   #12
SteveA
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Default If you have $1 in your wallet...

you have more money than the top 5 US corporations paid in taxes to the US in 2010. Included in the top five, along with 3 Banks and GE was Exxon-Mobil.

EXXON-MOBIL: The oil giant uses offshore subsidiaries in the Caribbean to avoid paying taxes in the United States. Although Exxon-Mobil paid $15 billion in taxes in 2009, not a penny of those taxes went to the American Treasury. This was the same year that the company overtook Wal-Mart in the Fortune 500. Meanwhile the total compensation of Exxon-Mobil’s CEO the same year was over $29,000,000

Maybe that explains the real cost of Gasoline

http://thinkprogress.org/2011/02/26/...et-tax-cheats/
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Last edited by SteveA; 03-02-2011 at 06:02 PM.
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