Hey Mike Murray -
Nice job showing the worst way to debate or have civil discussion. First you call people names, then you lump groups together (welfare checks) and finally you don't even get your facts right. If you could do this and get people worked up over made up 'facts' you'd have Foxnews.
Anyhow,how about learning how to use Google and research your numbers before you post? I know you probably got your 'facts' from Foxnews and all but...come on...really? 100 billion in taxes in 2007? No where do I see that amount coming up.
In fact, this says it is more like 5.12 billion. I challenge you to actually read some links and think about it without just yelling 'liberal press' on everything that doesn't fall into line with what the 'fair and balanced' channel might be telling you to believe.
Finally - do you count all the money that goes into getting oil for these companies? I mean - if you want to add it all up - how much tax money do we pay to 'protect' oil locations or pay other companies to ensure that oil comes our way? I think if you added up all that it would certainly be lopsided in the other direction.
I don't expect to change your mind or anything but I do wish that you could learn to debate more intelligently and with real facts and not resort to the Foxnews "drama" method. http://www.businessweek.com/bwdaily/dnflash/content/may2008/db2008051_596535.htm
In tax terms, the U.S. government is kinder to oil companies. According to Securities & Exchange Commission filings, Exxon paid an effective tax rate of 34% to the U.S. government in 2007, or $5.12 billion