Big Oil Only Pays 4.4% in Income Tax to US Treasury, Uses Offshore Tax

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  1. lovemychris profile image76
    lovemychrisposted 12 years ago

    http://blog.buzzflash.com/node/12711


    Can we PLEASE stop pretending now that they care one whit for America?

    And can you PLEASE stop telling us what great Americans the Koch-Su*kers are!

    It's about as clear as the cellulite on Rove and Rush's butt.

    1. qwark profile image61
      qwarkposted 12 years agoin reply to this

      Nothing is fair in love, war and capitalism!
      That covers it.
      Qwark

      1. lovemychris profile image76
        lovemychrisposted 12 years agoin reply to this

        But.....but......I thought we were socialists!

        1. qwark profile image61
          qwarkposted 12 years agoin reply to this

          Lovemychris:
          Dream on!
          We're on our way.
          Qwark

  2. jponiato profile image87
    jponiatoposted 12 years ago

    Just for a lark, I added up the quarterly profits of Shell, Mobile, and BP, then divided the number by 90 days.  The results?  $271 million per day in profit.  That's not gross revenue, and it's no typo, you read it right - $271 million per day for these 3.  I may do it again and add Marathon and any others I can think of just out of curiosity.

  3. lovemychris profile image76
    lovemychrisposted 12 years ago

    OH M G...you'd laugh hysterically if it wasn't so ENRAGING!

    THESE are the people that seniors and the rest of us have to "sacrifice" for!

    It's just incredible.
    I'd pinch myself, but I know this is real.

  4. Moderndayslave profile image60
    Moderndayslaveposted 12 years ago

    Here's my thing, even the sheeple don't like high gas prices so why can't we start an Egypt style boycott? I still refuse to use BP. One week or month it will be one company, soon it will have to hurt enough tho get them to do something,then another company will have to follow because when the price drops you know human nature people will bail out of the boycott to save a nickel because we don't stick together anymore,that's why were in the mess were in now.

    1. John Holden profile image60
      John Holdenposted 12 years agoin reply to this

      But how do you know you aren't using BP?
      If the petrol supply line is anything like it is in this country, and I can't imagine it is much different, they all cross supply anyway.
      Company A will supply company Bs outlets if closer, and company B will supply company As outlets.

    2. lovemychris profile image76
      lovemychrisposted 12 years agoin reply to this

      I've heard that before...a lot actually---stop supporting the system and it will die.

      I'm just too hooked in. And I know it.

      We might be forced off, then we will see.

  5. Moderndayslave profile image60
    Moderndayslaveposted 12 years ago

    You're right, but I don't pull into a BP station. Makes me feel better that way

  6. hottopics profile image61
    hottopicsposted 12 years ago

    John is right. Despite not wanting to buy someones gas or oil, you have no choice. When the barges comein they do not fill seperate tanks, It all goes into one. Then the companies come with their trucks and all take from the same storage tank.

  7. Moderndayslave profile image60
    Moderndayslaveposted 12 years ago

    Every day I hear a Wall St Journal report on the radio while commuting and even though demand is down the price of oil is rising or staying the same. There is always some bs reason,only once I heard "speculators". Maybe they are more involved than reported.

    http://www.mcclatchydc.com/2011/05/24/1 … ating.html
    Actually boycotting a companies retail locations has to effect them because they are not moving product no matter where they get that product from.If a company is not making sales don't they usually lower prices?

    1. lovemychris profile image76
      lovemychrisposted 12 years agoin reply to this

      NancyPelosi
      Oil speculators are driving up gas prices-#GOP answer is to give them more leeway & cut watchdog $: http://thkpr.gs/lgEd4B

 
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