Exxon’s new slogan might as well be “Only little people pay taxes”
April 12, 2010 | In: Resources
This is interesting example of how big companies continue to shift their tax burden to working people.
In a clarification, Exxon stated that it did pay $7.7 billion in “other taxes” like sales tax. Sales tax? That isn’t revenue from their profits but from the extra money they take out of our pockets every time we fill up. In fact, Exxon received a $46 million REFUND this year.