Courtesy of Jim Murray at Pondera Capital, the developer of Texas' cleanest, newest electric generation facility.
"Take a look at this (ExxonMobil's) 10Q from earlier this month – p.3, 6 months ended June 30, 2008
$22.1 billion Other Taxes and Duties
$19.8 billion Income taxes
$59.9 billion Total Taxes
(so Net Income is 9% of Total Revenues and Total Taxes are 23.5% of Total Revenues)
So. No polemics here. Just facts. Share them widely. Why do YOU think American journalists and politicians misrepresent the real story? Is this what YOU want from these defenders of democracy?