Yeah, evil Exxon, which happens to be owned, for the most part, by public employee retirement funds, etc.

It's called capitalism....

JH

>>>> I for one am tired of welfare for the rich.
>>>
>>>Hey! Without all that free help it would "hurt business" don't ya know? The magic hand of the market has a really limp wrist it seems. (But I agree, you are bringing up "welfare as we *don't* know it". ;-)
>>>
>>>What was that term used to describe a close and reciprocal relationship between government and corporation? Does anyone know?
>>
>>According to IRS data for 2004, the most recent year available:
>>Total number of tax returns: 130 million
>>Number of Tax Returns for the Bottom 50%: 65 million
>>Adjusted Gross Income for the Bottom 50%: $922 billion
>>Total Income Tax Paid by the Bottom 50%: $27.4 billion
>>Conclusion: In other words, just one corporation (Exxon Mobil) pays as much in taxes ($27 billion) annually as the entire bottom 50% of individual taxpayers, which is 65,000,000 people!
>>http://seekingalpha.com/article/63131-exxon-s-2007-tax-bill-30-billion
>>
>>ExxonMobile employs over 100000 people, many of which are US taxpayers.
>>
>>Exxon Mobile subsidizes the government not the other way around.
>
>Good info! That really simples it up. Poor suckers. I see you have if figured out but their own accounting-legal departments are really missing out and might need your help. Maybe refer them to these links:
>
>Drug companies
>http://www.nytimes.com/2007/07/24/business/24drugtax.html
>Tax breaks for multinational corporations
>http://www.ctj.org/hid_ent/part-2/part2-3.htm
>Creative Capitalism Gets Microsoft $528M Tax Break
>http://slashdot.org/articles/08/02/04/1520219.shtml
>McCain Thinks Corporations Paying NO Taxes Need A Tax Break.
>http://www.liveleak.com/view?i=875_1218592431
>Tax break heaven: The rich get richer, the middle class picks up the tab, and the state goes broke. Here’s why.
>http://thephoenix.com/Portland/News/56716-Tax-break-heaven/
>Archer Daniels Midland: A Case Study In Corporate Welfare
>http://www.cato.org/pubs/pas/pa-241.html
>
>Save Exxon!
>
>What was that term used to describe a close and reciprocal relationship between government and corporation? Does anyone know?