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posted to rec.boats
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external usenet poster
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First recorded activity by BoatBanter: Apr 2010
Posts: 52
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I will pay more in federal income taxes this year than ExxonMobil
nom=de=plume wrote:
wrote in message
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nom=de=plume wrote:
wrote in message
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On Wed, 7 Apr 2010 17:57:17 -0700, "nom=de=plume"
wrote:
wrote in message
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nom=de=plume wrote:
wrote in message
news
On Wed, 07 Apr 2010 01:31:41 -0700, wrote:
Every time you drive up to the pump, you pay more in federal tax
for
a
single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S.
income taxes in 2009. That's in spite of the fact that the world's
second largest company had a gross operating profit of nearly $53
Corporations don't pay taxes, their customers do..
If they paid any additional taxes, it would simply show up in the
price of gas, with the profit tacked on.
I understand some people do want to increase taxes on gasoline and
this is a way to do it but understand that is what you would be
doing.
There is a basic problem with how corporations are treated as
individuals.
They're not people.
That's an S-corp. Exxon Mobil is a publicly traded C-corp.
Nope. ExxonMobil is treated as an individual, according the several
Supreme
Court rulings. Most recently, this involved lobbying limits being
removed.
You are referring to speech rights, Larry is talking about tax status.
Two different things.
So far. With the current court, who knows. It's pretty hard to separate
one
from the other, esp. if they're not paying their "fair" share.
Got a cite for any of this? What current court are you referring to and
what does any court have to do with it. You do know there are three
branches of government and how they work, right?
So, I guess you're unable to understand the concept of unintended
consequences? I said, "who knows," because it's unclear of the implications.
Of course, if you want to believe Alito's head shake and under-breath "not
true" that's your business.
You're going to rely on Congress to fix the problem??? Don't let the Tea Bag
crowd hear you.
Lousy spin.
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