Quote:
Originally Posted by Bladewire
From 2011
Exxon Mobil Dodges the Tax Man Again
"Exxon Pays a Lower Effective Tax Rate than the Average American"
"..despite being Exxon Mobil?s fifth year as the top corporate earner in Fortune 500?s annual listing. The company paid no taxes at all to the U.S. federal government in 2009 on its domestic profits of nearly $2.6 billion." |
The way corporation taxes are set up makes it inevitable these days. Better that Corporation taxes are low and businesses in the country and employing people than elsewhere and no one having jobs.
If you add all the taxes a business pays via, employee taxes, health, business rates, etc. They pay a huge amount. All by being in the country.