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The Water Cooler
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Oklahoma spends 1/3 of its budget on corporate tax incentives!
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<blockquote data-quote="Shadowrider" data-source="post: 2010935" data-attributes="member: 3099"><p>I've been meaning to get back to this, So lets get back to the propaganda at hand, more specifically pointing it out. Here are some tidbits from one of the better articles I've seen. It's actually pretty objective unlike the drivel from Obama and his minions. I've bolded some of the points that point out the hypocrisy.</p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p>Synopsis is:</p><p>Out of the top 25 companies that paid the most taxes in 2011:</p><p></p><p>#1) ExxonMobil - Net income: 41 billion - Tax Paid: 27.3 billion - Tax rate: 42%</p><p>#2) Chevron - Net income: 26.9 billion - Tax Paid: 17.4 billion - Tax rate: 43.3%</p><p>#3) ConocoPhillips - Net income: 12.4 billion - Tax Paid: 10.6 billion - Tax rate: 45.6%</p><p></p><p>You get the idea...</p><p></p><p><a href="http://www.forbes.com/sites/christopherhelman/2012/04/16/which-megacorps-pay-megataxes/" target="_blank">Full article. It's worth a read.</a></p></blockquote><p></p>
[QUOTE="Shadowrider, post: 2010935, member: 3099"] I've been meaning to get back to this, So lets get back to the propaganda at hand, more specifically pointing it out. Here are some tidbits from one of the better articles I've seen. It's actually pretty objective unlike the drivel from Obama and his minions. I've bolded some of the points that point out the hypocrisy. Synopsis is: Out of the top 25 companies that paid the most taxes in 2011: #1) ExxonMobil - Net income: 41 billion - Tax Paid: 27.3 billion - Tax rate: 42% #2) Chevron - Net income: 26.9 billion - Tax Paid: 17.4 billion - Tax rate: 43.3% #3) ConocoPhillips - Net income: 12.4 billion - Tax Paid: 10.6 billion - Tax rate: 45.6% You get the idea... [URL="http://www.forbes.com/sites/christopherhelman/2012/04/16/which-megacorps-pay-megataxes/"]Full article. It's worth a read.[/URL] [/QUOTE]
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Oklahoma spends 1/3 of its budget on corporate tax incentives!
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