[Mgs] (no subject)

[Barney Gaylord]

Fact is that while Exxon's 19 billion is a 10% profit on invested 
capital, the government's 65 billion dollar "grab" is 34% on Exxon's 
investment during the same period.  It would be nice if we could 
limit government not to take more profit than the company generating 
the cash flow.


At 02:25 PM 10/20/2008 -0500, Mike Duvall wrote:
>....
>Exxon paid 65 billion in taxes from 2003 to 2007 and made 19 
>billlion in profits.  While they are a big company, their profits on 
>investment is about 10%. ....
>
>It is pretty easy to attack politicians and big business but lets 
>get the facts straight.
>....