“ExxonMobil is doing just fine, and that is good. It employs thousands of hardworking people, and I’m happy about that.
“But these impressive profits also raise an important question: Why should hardworking American taxpayers continue to subsidize ExxonMobil? Like other oil giants, ExxonMobil continues to get hefty tax benefits.”
The old answer for both Big Oil and Big Pharma is that we won’t get any more oil or drugs if they aren’t subsidized. Remember, this profit is after R & D write-offs. And is only quarterly.
Arf
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On revenues of $125.3 billion
- Where the hell did that giant font come from??
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YES. I'm tired of you guys subsidizing companies which are making profits like that, tired to corporate subsidies being ...
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And yes,
- And every one of them is subsidized by taxpayer money.
- Just to keep things clear:
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And yes,