I think that’s terrific. If you’re invested in Exxon stock, you’re with a winner.
Too bad the profits Exxon has earned are considered windfalls. Did you know that Exxon paid more in taxes last year than the company earned? And do you also realize that Exxon only keeps about a dime for every dollar it makes in the quest to slake the national thirst for oil?
I am still astounded that the government of the greatest power on earth, which makes possible the achievement of goals and fulfillment of dreams of success, still deems it acceptable to slap down corporations perceived to be doing a little too well in their business.
The ability of American businesses to achieve, create and grow is limitless…which is a good thing, since our government tends to want to penalize harshest the companies that do best.
Can you imagine what the US GDP might be were the American Government just a little less parasitical…a little less hypocritical…in the levies it imposes?
Just a thought…