Community | April 06, 2010 | 182 comments

Exxon Mobil paid no federal income tax in 2009

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WakeUpPeople
The joke goes, The economy is so bad Exxon Mobil laid off 25 Congressmen. If only.

Turns out the economy is never really bad for the oil giant, and the last thing they would want to do is cut off support to members of Congress who allow them to pull off the remarkable trick of making $45 billion in profits last year but paying no federal income tax. Think Progress reports the stunning news, which, sadly, is not a Steve Martin routine:

Last week, Forbes magazine published what the top U.S. corporations paid in taxes last year. “Most egregious,” Forbes notes, is General Electric, which “generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion.” Big Oil giant Exxon Mobil, which last year reported a record $45.2 billion profit, paid the most taxes of any corporation, but none of it went to the IRS:

Exxon tries to limit the tax pain with the help of 20 wholly owned subsidiaries domiciled in the Bahamas, Bermuda and the Cayman Islands that (legally) shelter the cash flow from operations in the likes of Angola, Azerbaijan and Abu Dhabi. No wonder that of $15 billion in income taxes last year, Exxon paid none of it to Uncle Sam, and has tens of billions in earnings permanently reinvested overseas.

Mother Jones’ Adam Weinstein notes that, despite benefiting from corporate welfare in the U.S., Exxon complains about paying high taxes, claiming that it threatens energy innovation research. Pat Garofalo at the Wonk Room notes that big corporations’ tax shelter practices similar to Exxon’s shift a $100 billion annual tax burden onto U.S. taxpayers. In fact, in 2008, the Government Accountability Office found that “two out of every three United States corporations paid no federal income taxes from 1998 through 2005.”
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182 comments // Exxon Mobil paid no federal income tax in 2009

  • Walks_in_Storms
  • Gravity_Man
    • 0
      Gravity_Man  
    • Walks_in_Storms:

      Well that's just plain SAD. You mean you don't hold one a these plastic devices in your sweating open pores hands all day long? What's da matta wit' you man? Have you gone CRAZY? No wait, immediately call the closest doctor you can find and demand an infusion of meds. You gots to join us!

      You need triage medical attention STAT. I'm entering you into therapy. Once the shrink finds out you climbed up on the roof -at your age- to install a defiant wind-harnessing device... we'll do what we can but it looks like prison time. I bet you used to watch To Catch a Thief with {ugh} Robert Wagner and Eddie Albert and had dreams of running on top of people's roofs.

      No, wait, your age, that would be Cary Grant. THAT'S IT. I nailed Storm. Everybody, Walks in Storms thinks he's Cary Grant! Don't listen to him; he's gone AWOL. Storm is a renegade. Bush told us to beware of people not spending money! Delusions of Grandeur and blatant unchecked Megalomania has befallen our one-time flash in a pan friend.

    • 1 year ago
  • Walks_in_Storms
  • Gravity_Man
    • 0
      Gravity_Man  
    • Walks_in_Storms:

      Cary Grant and you in a room, one real man there and one wannabee man. hahahaha Who installs imitation wind systems on his roof to impress passers by (and women!). I know... they call you... *the peacock* waltzing up and down ladders to show off your bulging muscles, wag a little tail feathers. The old dog did learn new tricks!

      You wear a better hat than Grant, I'll grant ya that. hehehehe
      You teenager you. You need to remake Muscle Beach.

    • 1 year ago
  • Walks_in_Storms
  • Gravity_Man
    • 0
      Gravity_Man  
    • Walks_in_Storms:

      No. You would be breaking even more laws. Advertising without a proper advertiser license, property not zoned for a business OR for advertising. And then they'll lower the boom, that you were supposed to comply with the law and put a big sheet around your construction, and also a sound barrier to save neighbors and people driving by from having to hear your hammer & cordless drill. Causes wrecks and also causes people to stumble and fall.

      You're up against a terrific foe who will soon stop you, make you put up the barriers and dismantle it.

    • 1 year ago
  • Stradius
  • Gravity_Man
    • 0
      Gravity_Man  
    • Stradius:

      Apparently for some people it's the only job mold they can fit in. If they were paid another $100.00 a month they'd likely quit, and really work for us, no kiddin'. Here's an interesting thought => take a few hundred thousand or $50,000,000 from the next election donations and pay all the IRS people not to work, an interesting situation indeed.

      There isn't any law against doing that. Pay them to assemble windmill parts for home-size windmills. Or help a disabled neighbor with household chores. Empty their IRS desk right immediately before April 15 not leaving any time to train new-hires.

      Too late for this year though. Sorry. Bum thyroid ya know. Always late for everything.

    • 1 year ago
  • Gravity_Man
    • +1
      Gravity_Man  
    • Well is like this, if the schools can't teach students a little World Geography then there isn't any choice left but to slap a backpack on em and a rifle and send them overseas to find out where the heck Yemen is. Personally, I thought it was a type of noodle soup.

    • 1 year ago
  • Nephwrack
  • AmericanStandard
  • TrevTar
  • Gravity_Man
  • redmancometh
  • Blimey_tudor
  • RicothePenguin
  • Toughth
    • 0
      Toughth  
    • Blimey_tudor:

      It does seem like that is the case. We seem to be developing the very monarchy that was thrown out in 1776. There is hope however. American people have never liked any kind of monarchy and we are getting rather sick of the elitists.

    • 1 year ago
  • Nephwrack
  • live4da206
    • 0
      live4da206  
    • Has anyone seen the veteran's commercial in support of ending our reliance on foreign oil? Why? Because the massive amounts of 'our' oil money that goes to helping the 'terrorists'. The kicker....we also subsidize their taxes.

    • 1 year ago
  • Wetdog
    • 0
      Wetdog  
    • This is the best reason of all to convert our vehicles to biofuels and methane.

      We can make biofuels and methane right here instead of having to fight wars to import petroleum. And the workers that produce them will live right here, and spend the wages they make buying things here.

      And we won't have to pay outrageous taxes to fight wars in the middle east---without petroleum, there is no reason whatever for the US to even be there at all. We do not need to play Nanny.

      Biofuels are clean, and cause no environmental damage---we'll have clean air, clean water, and the land won't be destroyed by strip mines.

      Since we can make biofuels out of anything organic---we'll have the competition in place to break the monopoly hold on the marketplace of petroleum and coal. We can have government of the people, by the people and for the people-----instead of government of the monopoly, for the monopoly and by the monopoly.

      I know what I think we should do----what do you think we should do?

    • 1 year ago
  • elementaljim
    • 0
      elementaljim  
    • So Exxon doesn't pay taxes even after record profits quarter after quarter, year after year.. How much are they in arrears?
      I mean if they paid taxes like you & me. How much in interest & penalties?

      They don't pay taxes, they don't clean up their messes/spills and they don't pay fines or restitution for the damage they inflict but they will spend millions on attorneys to keep legal action suspended for decades if necessary ..

      They are probably holding/hiding energy patents that would be very relevant in the next step forward for clean energy solutions. Hell they probably had a hand in killing the electric car..

      imo...
      http://opinionsandreasons.blogspot.com/

    • 1 year ago
  • Gravity_Man
    • 0
      Gravity_Man  
    • elementaljim:

      I think I have to disagree with you on the oil companies stopping the electric car. Maybe they have by siphoning so much money out at the pumps, that way, but direct action I dunno. Americans have gotten softer than a soft-belly crab. We can build our own car in our own yards or garage any time we want to. The finished car has to pass inspection is all.

      In 2003 I stumbled across a nitrogen-powered car that ran upwards of 30 mph in 1997. It got us half way off crude oil.gasoline 13 years ago. All it needed was some steam added ahead of the compressed air, which I showed how to do on a website. Being disabled, no money, no credit, I wasn't able to build one but, I thought SURELY if I write about it some young high school boys would take the initiative and build it in auto shop class.

      Obviously I miscalculated and over-estimated. The 1950's are gone. Kids today got pulled into the electronics whirlpool. Exxon hasn't killed anything. You can have a fuel-free car that even makes its own "combination fuel" while driving down the highway just any time you want.

      My engine went undesigned til early 2008. At that time I had some insights into how to build it. It's an advanced turbocharger. Very few moving parts. A plumber could build it. The pistons shove fluid into the vanes then return for more liquid by having flaps on the inner side of the pistons that operate like a mechanical heart valve.

      All 3-5 pistons fire simultaneously, giving a tremendous horsepower boost. I estimate my engine clashing the different temperature liquids together in a tornado-level explosion would produce between 1300-1900% the horsepower of a combustion engine, no pollutants, not even any exhaust =>

      No radiator.
      No antifreeze.
      No tailpipe/muffler.
      No hoses to break on trips.
      No cooling system (balances out).
      And so on and so forth no poisonous catalytic converter.
      And since there's no combustion & a closed engine the oil lasts 100 years.

      And there it sits. Did Exxon make us lazy? Nope.

    • 1 year ago
  • Gravity_Man
    • 0
      Gravity_Man  
    • Gravity_Man:

      I shouldn't wax that judgemental. We all got too sick to work on cars is what happened I reckon. The amount of oxygen in the world's atmosphere is reduced from 1950's 2.5 billion people and the livestock breathes up a lot more to keep us fed. That's a lot why we fall ill at every airborne germ organism floats along.

      Sick people don't have fun in the backyard building a car or an engine. Nor do people who have had all their money stolen at a gas pump.

    • 1 year ago
  • Gravity_Man
    • 0
      Gravity_Man  
    • Gravity_Man:

      Liquid air & steam don't have to be mined, drilled, tanked around as mobile high explosive terrorist targets, doesn't have to be imported ~ it's already everywhere, doesn't get burned or fouled so it is recycled forever inside the engine round and round she goes, from compression to cylinder-explosion decompression, from steam to water condensate back to steam.

      No need for tank farms to distill it, process it and leak into the nation's (world's) ground water table. Doesn't poison the fish => they love water, good clean wonderful no-petrol spills water. Water you could almost drink from the engine it runs so clean (zero combustion).

      The engine of the future available today. Frees up monies to buy new homes, feed the family correctly, pay doctors for services rendered in CASH, cold hard cash, again.

      Freedom from economic slavery.

    • 1 year ago
  • Gravity_Man
    • 0
      Gravity_Man  
    • Gravity_Man:

      Live the life of Tarzan, walk tall like Buford Pusser, make love like Jane, breathe clean air this world had 60-90-120 years ago, fight off diseases like they're nothing. Run for miles without getting winded. Have so much health your immune system immediately recognizes a cancer, surrounds it, contains it, deletes it no, uses the cancer cells for nourishment.

    • 1 year ago
  • Gravity_Man
  • Gravity_Man
    • 0
      Gravity_Man  
    • What do Rich people want? Answer that and you know what their big corporation's agenda and moves are all about. Figure out what Rich people want and you crack their egg wide open [and find out why they're taking all the food on the table].

    • 1 year ago
  • Gravity_Man
    • 0
      Gravity_Man  
    • Gravity_Man:

      Ask the question, but answer it not by the old standards that were based on national levels. Ask it on the international level. Where is their money going overseas? What projects are America's Rich having built overseas where the costs are much lower?

      What orange are they squeezing? Is it going to benefit the majority of Americans who are being squeezed like grapes to pay for?

      Americans are defrauded, abused and slimed saps.

    • 1 year ago
  • Gravity_Man
    • 0
      Gravity_Man  
    • Image
    • Gravity_Man:

      Below are two quotes from today's Roanoke Times not mine, writer names at end in brackets. Two writers, both explaining how gasoline multiplies its weight when burned. So if they are correct we should be DOUBLING and TRIPLING the damage caused by Exxon and Shell to Earth's ecosystems and environment, right?

      #1 => A gallon of gasoline weighs about 6 pounds. Except for impurities, it is composed of hydrocarbons. Because carbon weighs 12 times more than hydrogen, most of gasoline's weight is due to carbon. During combustion, each carbon atom reacts with two oxygen atoms to yield one molecule of carbon dioxide (CO2). One oxygen atom weighs a third more than one carbon. The result? About 20 pounds of CO2 are emitted per gallon of gasoline.

      There are other pollutants too. Some carbon atoms react with only one oxygen, so large amounts of carbon monoxide (CO) are also emitted. (Later, the CO is converted to CO2.) Sulfur impurities in gasoline, if not removed, also react with oxygen, leading to sulfur dioxide emissions. Metal impurities react with oxygen, resulting in metal oxide emissions. In a more roundabout way, nitrogen oxides are also emitted.

      Anyone who has ever been trapped in traffic can tell you: Gasoline is a tremendously polluting fuel. And, per gallon it releases 20 pounds of the heat-trapping gas CO2. [Marquita Hill]

      #2 => Re: "Emissions claim unsubstantiated," April 2 letter:

      Ted Friedel seems troubled by David Orcutt's quote, "For every gallon of gasoline burned, 20 pounds of carbon dioxide (CO2) is emitted into the atmosphere" ("70 mph costs more than you think," March 25 commentary). Friedel contends that the CO2 amount is unsubstantiated because Orcutt failed to mention where he got his figure and goes on to pose the question, "Is that because his statement is not true?"

      Despite his experience with compressed gases, Friedel apparently does not understand basic chemistry. A few simple, well-established calculations, based on the weight of a gallon of gasoline and the average amount of carbon contained within, indicate that when combined with oxygen (O2), 20 pounds of CO2 are indeed produced (www.fueleconomy.gov/Feg/co2.shtml).

      Orcutt's figure is therefore reasonable. Every carbon atom in gasoline that combines with O2 produces CO2, which is 3.67 times as heavy as the original carbon. Orcutt's reported CO2 weight seems to be well-substantiated by known chemistry.

      Just because a statement seems unsupported doesn't necessarily make that statement untrue. Let fact awareness begin. [Kurt Neidigh]

      I'm not a Chemist but if these statements are correct Exxon and pals are doing a good deal more raw damage than meets the eye. However, some of the excess CO2 is needed by the plants so what the plants are not using is the part that needs to be reduced. It is well-documented that Dead Zones are appearing in the world's oceans & also scientists have stated the ocean plankton has been so overwhelmed with CO2 that they have begun vomiting (my word) the excess CO2 rather than exhaling the oxygen animals and we need.

      We are not dealing with one-on-one damage. We have entered into exponential. Earth has already passed a major TIPPING POINT.

    • 1 year ago
  • Toughth
    • 0
      Toughth  
    • Gravity_Man:

      After the first five million the game changes and for some it is befor that level. Money buys power over your fellow man. Power corupts and absolut power corrupts absolutly.

    • 1 year ago
  • Walks_in_Storms
  • Gravity_Man
  • Gravity_Man
  • Gravity_Man
  • Gravity_Man
  • Armageddon_Now
  • Tom_LaMar
    • -1
      Tom_LaMar  
    • Since the country seems to be "buying" up whole industries like banking
      (in effect), GM and health...why not strategic industries like big oil ?
      I wonder how far $45B could go for states about to tank right now?

    • 1 year ago
  • keithponder
  • live4da206
  • RudyRudell
  • r3sidual
    • 0
      r3sidual  
    • The USA used to be a tax-free country for the most part but after the Great Depression and World War II the USA started taxing different classes of people. There have been and will be many revisions but the main thing to understand is that if you or your CPA understand Title 26 well, then you can still legally avoid paying any income tax.

      As with most other laws, there are usually ways around it all. You could be doing the same thing Exxon likely does legally on a smaller scale. I do.

    • 1 year ago
  • JohnA
  • emarston
    • 0
      emarston  
    • this is bullshit. there is no logical reason why companies like this should be exempt from tax. please tell me if i'm wrong.

    • 1 year ago
  • Walks_in_Storms
  • Gravity_Man
  • Walks_in_Storms
  • Gravity_Man
    • 0
      Gravity_Man  
    • Walks_in_Storms:

      A.J.! Glad ta see ya man! We're fixing to drill 80 feet into the asteroid to blow it today, 4/08/10.

      YepYep, going for the Gold all day long. It's already 4/5 built anyway. I had to take a detour last week. My thyroid went completely dead, no hormone output, so he got me some Synthroid, took a few days to get used to it plus the bp med.

      4/08/10 man, a juicy a meatball. Glad to hear of your continued success as an old, decrepit white male damaged from birth being white. We shall overcome one day! Later.

    • 1 year ago
  • derk
  • Mark701
    • +2
      Mark701  
    • Add this to the fact that when gas prices spiked to over $5/gallon, Exxon-Mobil was lobbying the government for tax subsidies as INCENTIVE to drill!

      People of the United States, meet the new Welfare Queens.

    • 1 year ago
  • device80
  • tommic
    • +2
      tommic  
    • Lets make something perfectly clear. No One likes paying taxes me included I have had my bouts with the IRS lost two won one paid them six figures. But still I do recognize the need for taxes and with the problems we as a nation face today and the world only if we pay can we conquer some of these. So I pay probably more than I should because I never want that heartache again.

    • 1 year ago
  • Walks_in_Storms
  • tommic
    • 0
      tommic  
    • Walks_in_Storms:

      Like I said walk I don't like paying them any more than you and I had my battles with the IRS too. It just so happens my brother is one of the formost tax attorneys in the United States who reads all 65,000 pages every year then writes updates for his publication which is in every tax accountants office and law office in the United States. You can google Martin J McMahon and see for yourself. Taxes and the tax code are indeed really f'd up thats a fact. But unfortunatly I prefer to stay out of their sights and out of jail so I actually do not take every deduction ( some throw up red flags) and end up paying a little more than I should. Man I understand your anger at the gov. I follow you and your history from CIA experiments to IRS problems and while I do not always agree with you I do feel the compassion a man like you deserves. Once your on a government hit list it stays forever. Try to find peace inside yourself as a man who trained in martial arts you should know this. Peace to you

    • 1 year ago
  • Walks_in_Storms
  • tommic
    • 0
      tommic  
    • Walks_in_Storms:

      The one I really don't take anymore is office in home with the deduction and a percentage of utilities. Otherwise I take every legal one I can. Even my brother acknowledges the system is screwed up, he does not make the laws he just interperts them so the average accountant and layman lawyer can understand the complexities.
      The tax laws should be made much simpler, but I am really one who believes in very high tariff taxes. Since we let the third world nations have their own industrial ages by shipping manufacturing to them the least we should do is recoup the monies lost. Its not protectionism when you look at it that way.

    • 1 year ago
  • Raven6
    • +2
      Raven6  
    • That this can pass as legal smacks of payoffs. Disgusting.

      Wars in the Middle East and
      BILLIONS of Dollars in profits = No Taxes

      Seriously ?

      Dems have been busy and I understand one target at a time but these fu*&ers should be high on that list.

    • 1 year ago
  • diabolical44
    • +1
      diabolical44  
    • the saddest thing is how misinformed the people are when it comes to these issues. If Obama ever tried to do anything, the oil companies army of lobbyists and paid off congressmen and news media would be controlling the message and the tea party people would revolt because they'd say Obama was "taxing small business".

    • 1 year ago
  • live4da206
  • donkeyfly69
  • diabolical44
  • navider
  • FoosMaster
  • good_stuff
    • +2
      good_stuff  
    • Another reason to simplify the tax code. I don't know if they were supposed to pay taxes or not (assuming not, since nobody is auditing them).

      If everybody/company were just charged a flat tax of say 20% with no deductions, depreciations, etc; then this wouldn't even be discussed.

      This would really kill all the accountant jobs here though. Why pay someone to do your taxes when it is really easy?

    • 1 year ago
  • r3sidual
    • +1
      r3sidual  
    • good_stuff:

      A flat income tax sounds good, but didn't you read the report that President Reagan asked for on taxes? Not one penny of the Fed Income Tax goes toward paying for any service that Americans use. And before 1947 there was no Fed Income Tax, so how were things paid for back then?

      If you really wanted to simplify things then you'd get rid of the Fed Reserve, Taxes, and the entire financial system, which is just a complicated human invention (an illusion).

    • 1 year ago
  • Toughth
    • +2
      Toughth  
    • If they make the profit in the United States they should pay said tax in the U. S. As far as Paying out in dividends their are company's that dont pay the profit in dividends but hid it for a bonus for the CEO who usualy dosn't own the major shares.

    • 1 year ago
  • fun_size
    • +2
      fun_size  
    • Wow that's un-fucking-believable! How in the hell has this gone on for so long? This is EXACTLY why corporations need more oversight and government needs more accountability.

    • 1 year ago
  • Mark701
    • +2
      Mark701  
    • fun_size:

      This is what happens when a rich corporation (and Exxon-Mobil isn't the only one) makes campaign contributions to congressmen. The laws get tweaked in their favor and everyone else is left holding the tab.

    • 1 year ago
  • telcod
    • +3
      telcod  
    • All looked over by corporations and politicians of loving grace. The real trick was to take an essentially stupid, greedy, self centered population and make them believe they were smart and wonderful.. No one ever went broke underestimating the stupidity of the American public. Check out "The Power of Nightmares' by Adam Curtis on U-tube. You never saw it here.

    • 1 year ago
  • mitekillem
    • +1
      mitekillem  
    • Well, now that the Supreme Court ruling says that corporations have the same rights as individuals, does that mean they'd also have to fill out individual tax returns?

      Also...let's say I have a small business, which makes 400,000 /yr, does this mean I don't have to pay taxes?
      Now lets say that I have another company that makes 20 billion a year (with the same number of employees), now do I still have to pay taxes?

    • 1 year ago
  • diabolical44
  • tenletterz
  • Mark701
  • FoosMaster
    • 0
      FoosMaster  
    • tenletterz:

      Good points.
      The problem is that they get TOO much of a break and they are only paying on what they deposited into a US bank. There are Way Too many loopholes that are Way Too Large. Incentives are good when given in the right measure. Their incentives are obviously Way Too Large.

    • 1 year ago
  • Paratus
    • -6
      Paratus  
    • Corporations should not have to pay any income tax. Dividends to stockholders are taxed at the stockholders tax rate. Dollars retained by the company are used to expand the company. What is your problem with an entity making a profit? The government sets the tax rules, not the companies. Government is the problem, not companies.
      This hostility toward a profit driven enterprise that the current gangster government has popularized has got to stop.

    • 1 year ago
  • tommic
    • +3
      tommic  
    • Paratus:

      That has to be dumbest statement I have ever heard. Payouts to stockholders are deductable for corporations. Re investment in the company is deductable. Its only the net profits that are taxed. Can't read can you for if you could you would investigate that before yu made such an assinine remark.

    • 1 year ago
  • fun_size
  • diabolical44
    • +1
      diabolical44  
    • Paratus:

      mega corporations have monopolized most industries leading to record profits while they lay off tens of thousands of their workforce , pay no taxes, and award their executives with bonuses that outweigh what ten average citizens make in their entire lives put together. people have lost their jobs and their retirement funds while these huge corporations rake in billions hand over fist, and you wonder why there is hostility?

    • 1 year ago
  • Rodashar
    • +2
      Rodashar  
    • Paratus:

      My issue is the $100 billion annual tax burden that US citizens have to pay up to support these douche bag companies. Another example of how "trickle down" economics doesn't work.

    • 1 year ago
  • Mark701
    • +2
      Mark701  
    • Paratus:

      Do you really need this explained to you? Nothing exists in a vacuum. Those corporations are able to make profits because they utilize the infrastructure of the United States which is paid for by taxes. They utilized the local law enforcement and fire protection. Their employees education was at some point, likely financed with tax dollars. The Department of Defense patrols the seaways and air and protect the shipping lanes. Their trucks drive on paved roads funded by taxes. They receive tax subsidies paid for with our tax dollars. There are literally hundreds if not thousands of benefits they utilize, directly or indirectly that are paid for with MY tax dollars. Get it? If they want to operate in a tax free environment they can go to Somalia where there are no taxes because there is no government.

      As far as not taxing them because the government taxes their employees; haven't you heard? Corporations have the same rights as people according to the SCOTUS. To me, this implies they also have the same RESPONSIBILITY as individuals. There is no rationale defense for them not paying their fair share.

    • 1 year ago
  • Incredulous
    • +1
      Incredulous  
    • the elephant in the room, and the added irony is that the wars we are financing with our tax dollars and the lives of our children are largely paving the way for even greater profits for corporations like Exxon, but hey, how about the Supreme Court gives corporations the right to unbridled financing of political candidates, that ought to keep it all in check, right?

    • 1 year ago
  • tommic
    • +3
      tommic  
    • Boycott Exxon Mobil impose a stiff tariff tax on imported oil with price restraints so they cannot simply pass on the tax. A tariff tax is unavoidable the company could not cheat its way out of that.

    • 1 year ago
  • Gravity_Man
  • alexandrek
  • tommic
    • +2
      tommic  
    • alexandrek:

      no I don't but a boycott could not be bad. Exxon is a pig paid 0 taxes and got the payments reduced by millions for the Exxon/Valdez mess created in ALaska that has never recovered. Actions speak for themselves

    • 1 year ago
  • live4da206
  • Gravity_Man
    • 0
      Gravity_Man  
    • live4da206:

      An inventor named Pantone tried to start a revolution with his new engine he called the GEET system. He was thrown in jail for 3 years. He explained his engine to a judge out west and the judge ordered him to take drugs to get his mind straight. Pantone refused.

      That will happen to you too if you don't be quiet.

    • 1 year ago
  • donkeyfly69
  • Gravity_Man
    • +1
      Gravity_Man  
    • I remember as a kid the big Esso sign and it inspired pride in me for some reason. Later on TV I think their commercials said put a tiger in your tank. I grew up thinking a big corporation was something to be admired. And banks. They were all friendly and looking out for us. I thought. Therefore I was.

    • 1 year ago
  • dreaddaze
  • CalgarC
  • Ogaal
    • +5
      Ogaal  
    • I want to see those "2 out of every 3 United States corporations" pay those 8 years worth of federal income taxes along with their 2010 federal income tax. Plus 56% intrest!

    • 1 year ago
  • cutee_leslie
  • obamaisajoke
  • Mark701
  • obamaisajoke
  • kitteneater
  • dalistuff
    • +4
      dalistuff  
    • What's going to happen when it all dries up? No wonder the electric car in Cali didn't have a chance, oil companies lobbied or bullied the right people to squash It DOWN.

    • 1 year ago
  • Omnomynous
    • +1
      Omnomynous  
    • What is more surprising is that some of these responses actually sound surprised....

      I don't even blame the super rich and these corporations anymore, they are outnumbered 99 to 1. If they are still screwing people over it's only because the people let them. It is physically impossible them to actually win if the people were to vote against them, burn their houses down, burn their headquarters down, whatever.

      I'm not recommending it, just noting that's gotten increasingly popular in Europe for good reason....

    • 1 year ago
  • CaliCritic
  • Gravity_Man
    • -1
      Gravity_Man  
    • Exxon is simply storing up nuts for winter. They see winter coming. They want to survive winter. Perfectly normal, move along. Besides, they pay their people well so the employees pay more than the usual amount of taxes. That's enough. Leave poor Exxon alone!

    • 1 year ago
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