The Path

The De-Constituting of America & Where We The People Are Being Led

Monday, September 12, 2005

Oil Company Income Tax Expenses

Click graph to enlarge....this shows the "corporate" tax paid. However, remember only a Citizen(you & I) can pay a tax (ANY tax). The company pays for the accountants to pay the government timely, legally & accurately...those "system" costs (& all resulting taxes paid are true COSTS to a company's income statement) increase the company's EXPENSE and they have to AT A MINIMUM offset that expense with REVENUE of an equal or greater amount.

Who gives anybody REVENUE or INCOME?? Whether it's the I GOTTA GO--gas company, CHIP OFF THE OL' BLOCK--potato chip company, MIKE SMOKES GRASS--the local Lawn Cutter, SALLY'S ON THE BALD--hair dresser), WE THE PEOPLE as consumers decide daily, what is MORE VALUABLE to us.....invest our PROPERTY (cash) in a buying a particular product (gas or potato chips) or service (grass or hair clippings) or invest our TIME & RESOURCES to go make or do it for ourselves.

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