Thread: The little o's energy policy
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#1 The little o's energy policy
03-18-2012, 10:26 PM
If you just happen to have any progressive friends who just happen to not know squat about “Big Oil” (like the twit), here is a stat worth noting. "The Tax Foundation estimates that, between 1981 and 2008, oil and gas companies sent more dollars to Washington and the state capitols than they earned in profits for shareholders."
For instance: "Exxon Mobil, the world's largest (Public) oil and gas company, says that in the five years prior to 2010 it paid about $59 billion in total U.S. taxes, while it earned . . . $40.5 billion domestically. Another way of putting it is that for every dollar of net U.S. profits between 2006 and 2010, the company incurred $1.45 in taxes. Exxon's 2010 tax bill was three times larger than its domestic profits. The company can stay in business because it operates globally and earned a total net income after tax of $30.5 billion in 2010 on revenues of $370.1 billion."
And yet Obama and the Democrats still want to increase taxes on the oil companies out of “fairness.”It's not how old you are, it's how you got here.
It's been a long road and not all of it was paved.
A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
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03-18-2012, 10:45 PM
there are no trustworthy politicians on this energy issue...
Government is not the solution to our problem, government is the problem.
Ronald Reagan
We could say they are spending like drunken sailors. That would be unfair to drunken sailors, they're spending their OWN money.
Ronald Reagan
R.I.P. Crockspot
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03-18-2012, 11:50 PM
Liberalism is just communism sold by the drink.
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03-18-2012, 11:53 PM
Liberalism is just communism sold by the drink.
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03-19-2012, 12:06 AM
Woe to those who call evil good, and good evil;
Who substitute darkness for light and light for darkness;
Who substitute bitter for sweet and sweet for bitter!
21 Woe to those who are wise in their own eyes
And clever in their own sight! Isaiah 5:20-21 NASB
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03-19-2012, 12:17 AM
Woe to those who call evil good, and good evil;
Who substitute darkness for light and light for darkness;
Who substitute bitter for sweet and sweet for bitter!
21 Woe to those who are wise in their own eyes
And clever in their own sight! Isaiah 5:20-21 NASB
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03-19-2012, 12:32 AM
Woe to those who call evil good, and good evil;
Who substitute darkness for light and light for darkness;
Who substitute bitter for sweet and sweet for bitter!
21 Woe to those who are wise in their own eyes
And clever in their own sight! Isaiah 5:20-21 NASB
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03-19-2012, 12:44 AM
Woe to those who call evil good, and good evil;
Who substitute darkness for light and light for darkness;
Who substitute bitter for sweet and sweet for bitter!
21 Woe to those who are wise in their own eyes
And clever in their own sight! Isaiah 5:20-21 NASB
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03-19-2012, 03:31 AM
With these exciting new features all standard:
Frictionless Brakes
Demi-Airbags
Faux Bumpers
Pleather Seat
Power Lights
Air WipersLast edited by Janice; 03-19-2012 at 03:35 AM.
Liberalism is just communism sold by the drink.
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03-19-2012, 04:21 AM
"The Tax Foundation estimates that, between 1981 and 2008, oil and gas companies sent more dollars to Washington and the state capitols than they earned in profits for shareholders."
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