Is ExxonMobil Greedier than the Government?

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• 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?
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Added: 1 year ago

Rank: 512 of 1371 in Politics

Tags: taxes, politics, oil companies, fuel prices

Source: http://blog.telesian.com/exxonmobil-greedier-than-the-government/

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