05-06-2008, 03:58 PM
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#107 (permalink)
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Member
Car: 2006 Dodge SRT8
Join Date: May 2007
Member Number: 12195
Location: Scottsdale, AZ
Posts: 36
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Exxon makes an average return of 9% year after year. The "Big Oil" companies also make between a 8-9% return, year after year.
As a comparison:
Microsoft 2007 sales of 51.1 billion, net profit of 14 billion = 27% return
Coca Cola 2007 sales of 28.8 billion, net profit of 6 billion = 21% return
So stop blaming Exxon, and start getting mad at Coke.
BTW, Exxon paid $29,800,000,000.00 in income taxes last year. That's
29.8 billion. But what the heck. Let's squeeze 'em for more. That will
make everybody feel better.
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