Your Tax Rate May Vary

The NYT has an interesting 2007-2012 corporate tax chart out, based on circles representing market capitalization. In a stand-alone paragraph that absolutely had to KILL them to write, they concede:

Three big energy firms paid the most taxes in absolute terms: Exxon $146 billion; Chevron $85 billion; and ConocoPhillips $58 billion

Plus the gazillions they plough into research and development.

Gosh, you just never hear about that. EE-ville, EEEEE-VILLE, filthy, nasty, reprehensible oil pays (besides high wages) through the A.S.S. and touchy, feely, dooooo-goody, everybody’s cuddlebear Apple pays (besides slave wages at factories in Asia) what?

categories Biz, Nanny State, People, Politics | | datetime May 30, 2013 9:13 am

2 Responses to “Your Tax Rate May Vary”

  1. Skyler says:
    May 30, 2013 at 9:21 am

    Apple was the best place I ever worked.

  2. JeffS says:
    May 30, 2013 at 9:35 am

    Oddly enough, Apple has taken a little political flak for their perfectly legal tax avoidance strategies.

    I emphasize: “a little“. Because it’s no where near the smearing what other corporations (e.g., oil companies) go through. Makes me wonder if that’s a bone thrown to someone.

Image | WordPress Themes