• In 2011, ExxonMobil made profits after taxes of $41.4 billion on sales of $486.4 billion. That’s ~ 8.5 cents in profits per dollar of sales.
• Combined taxes for ExxonMobil last year were $104.5 billion. That’s ~ 21.5 cents in taxes per dollar of sales.
ExxonMobil takes the risks and the government makes 2.5 times more than the company does. So...
Is ExxonMobil greedier than the government?