ABC News: For Big Oil, Pricey Gas Means Big Profits
Let's more accurately expand the headline to include:
For Big Government, Pricey Gas & Big Profits Mean...BIG TAX REVENUES.
Just go to page 8 of Exxon's quarterly statment and see the $25.84 billion in record taxes paid vs. the "record" $9.9 billion in profit.
Before WE The People keep giving money out of our pockets...perhaps WE should ask ourselves,
For Big Government, Pricey Gas & Big Profits Mean...BIG TAX REVENUES.
Just go to page 8 of Exxon's quarterly statment and see the $25.84 billion in record taxes paid vs. the "record" $9.9 billion in profit.
Before WE The People keep giving money out of our pockets...perhaps WE should ask ourselves,
- Do WE want private companies to earn more profit, encouraging investment & paying dividends back to WE The People if we choose to own stock, OR
- Do WE want more regulation, price controls & bureaucrats to get the money to then choose how it should be spent & which special interest screams the loudest for it??
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