taxing oil companies

Once more, with feeling: Oil companies pay plenty of their “fair share” in taxes





As one commenter says, low-information voters will never, ever get this. None of it.

For example, the key figure is not the amount of profit -- what's key is the % return on investment.

Corporations don't pay taxes, they just collect them from consumers and pass them along to Government.

Make the corporate tax rate zero, like it should be, and the taxation system will suddenly become much clarified.

But why even try, it's all hopelessly beyond these people's powers of comprehension, making it easy for Obama to demagogue them about The One-Percent, etc.

Socialism has the advantage of being very readily understood by a four-year-old, but with the disadvantage that it doesn't work and makes everyone poorer -- except the Government elite that's busy crippling wealth creation and running the economy into the ground.

Byron