Taxation Hero: ExxonMobil Pays $3 In Taxes For Every $1 In Profit
....That’s right, since its emergence as a unified company, ExxonMobil has paid governments around the world more than $1 trillion. That’s more than double its net cash flow over the same period and almost three times its profits of $352 billion.
Think about what this means: For every dollar in profits it earns for its shareholders, ExxonMobil earns nearly three dollars for governments.
Good article from Forbes and skewers the progressives assault on businesses.