David Bird wrote:Thanks.
The first link, the analysis, is the original source for this info and hardly more unbiased than Huffington. And paying 30 billion in taxes when you have more than 404 billion coming in hardly seems unreasonable.
Taxes are applied on EBT (Earnings Before Taxes). They are paying about 41% - $30 billion over 67 billion EBT. It's not biased, it is basic accounting. Taxes are calculated on what you keep, not what you make. Exxon only keeps 10% of what it makes. If you think that is too much, then maybe we should start going after MSFT (20% PM) as well.