Every company is, or should be, operated to maximize the profits of the owners. That is what induces people to invest in companies.
No company pays taxes. Yes, I said that no company pays taxes.
A company merely adds the taxes to the price it charges its customers for the products it sells. If you raise the taxes that Exxon, or any other company pays, they will pass it on to the consumer in higher gasoline and diesel fuel prices. The government forces companies to be tax collectors. If a company cannot raise prices enough to pay the taxes, it goes out of business.
The customers, that is you and me, the end product consumers, pay all the taxes. It has always been that way, it will always be that way.
Why is it that some people don't understand that?
Instead of posting nonsense on internet forums, why not spend your time and energy urging your Congressmen and Senators to spend less money?
Entitlements are now more than 50% of the federal budget. Way more than any other expense, including defense. Yet polititians get elected by promising more and more entitlements to more and more people. How can that be? Think about it.
Sure, raise taxes on Exxon. Then wonder why gas prices go up.
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Today's Featured Article - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want � unless you own a monster tractor. U
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