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Old 08-03-2008, 02:32 AM   #11
scaeagles
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How long do you honestly believe it will be until we are "oil-free"?

You would like us to immitate Chavez and his nationalization of the oil inductry in Venezuela? That's amazing.

Apparently we have differing definitions of rape, because I don't see 7.6% as rape. But if you don't believe the numbers, you don't believe the numbers, in which case no logic can sway you.

If you read the link provided, you'll see that on the 138 billion in revenue....

Quote:
Worldwide, the company paid $10.5 billion in income taxes in the second quarter, $9.5 billion in sales taxes, and over $12 billion in what it called "other taxes."
That's 32 billion on 138 million, or almost three times their profit. 30% is a decent tax rate, but there is no such thing as a corporate tax. Corporate taxes are just additional costs passed along to the consumer.

Last edited by scaeagles : 08-03-2008 at 02:40 AM.
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