02-27-2008, 10:00 PM
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Confirmed User
Join Date: Jun 2001
Location: il and nc
Posts: 1,760
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http://seekingalpha.com/article/6313..._editors_picks
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Conclusion: In other words, just one corporation (Exxon Mobil) pays as much in taxes ($27 billion) annually as the entire bottom 50% of individual taxpayers, which is 65,000,000 people! Further, the tax rate for the bottom 50% is only 3% of adjusted gross income ($27.4 billion / $922 billion), and the tax rate for Exxon was 41% in 2006 ($67.4 billion in taxable income, $27.9 billion in taxes).
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Adult Merchant Accounts & Chargeback Management Solutions
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