Transcribed
Is ExxonMobil Greedier than the Government?
Is ExxonMobil Greedier than the Government? TOTAL SALES $486.4B ExonMobil $266.5B Cost of Materials Sales Taxes $33.5B Income Taxes $31.0B Other Taxes/Fees $40.0B $79.8B Cost of Operations 82,100 Employees PROFIT $41.IB GOVT TAKE TAXES & FEES $104.5B Source: Form 10-K, February 24, 2012 *****
Is ExxonMobil Greedier than the Government?
shared by sharilee on Apr 18
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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?
Source
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