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Originally Posted by Dr Winston O Boogie jr
I often wonder where people get this kind of information. I think it comes from the old adage that if you tell a lie often enough, it becomes the truth. The sad thing is that some people actually believe this kind of nonsense.
Here's a little something about oil companies and taxes.
In 2011 the three oil giants each paid more in income taxes than any other corporation in America. Not only do they pay the most money in taxes, but they also pay the highest rates.
Do you think that high fuel rates are good for the American public? Do you think that they are good for the economy? What would you say if we could lower gasoline and fuel oil prices by 40%. Do you realize what that would do to our economy? Do you understand that that would lower the prices of every product sold in this country? How good would that be for the poor, the homeless and the hungry?
The truth is that the government is making more from oil than all of the oil companies combined.
Read the whole story here:
Which Companies Pay The Most In Taxes? - Forbes |
Like I said, drill baby drill.