Popeye
Well-Known Member
The Republican Party's best friend Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting a net income of $11.68 billion. That works out to $1,485.55 a second.
Had enough yet? Exxon and other oil companies get millions in tax breaks while posting record profits every time you turn around. Something has to be done and I don't mean giving them free rein to drill anywhere they please. Congressional Democrats said they are having a conference later in the day to call for an end to those tax breaks. Obama himself wants to tax oil companies at a special rate every time crude goes over $80 a barrel. I say about time.
http://money.cnn.com/2008/07/31/news/companies/exxon_profits/index.htm?eref=rss_topstories
Had enough yet? Exxon and other oil companies get millions in tax breaks while posting record profits every time you turn around. Something has to be done and I don't mean giving them free rein to drill anywhere they please. Congressional Democrats said they are having a conference later in the day to call for an end to those tax breaks. Obama himself wants to tax oil companies at a special rate every time crude goes over $80 a barrel. I say about time.
http://money.cnn.com/2008/07/31/news/companies/exxon_profits/index.htm?eref=rss_topstories