Quote:
Originally Posted by spunkmaster
The idiots don't understand that any tax increase on oil companies is a tax on everyone who uses oil, gas and even plastics etc..
48% of all Americans own oil stock so it's a double whammy !
And for the record ExxonMobile had 10% profit but Starbucks had a 42% profit. The reason the numbers are so high is because they are the largest company in the world !
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I'm curious where you get the number that 48% of people own oil stock. I know a lot of people do through their 401K's, but that seems a little bit high.