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#13
08-20-2013, 10:50 AM
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Quote:
 ExxonMobil in 2011 made $27.3 billion in cash payments for income taxes. Chevron paid $17 billion and ConocoPhillips $10.6 billion. And not only were these the highest amounts in absolute terms, when compared with the rest of the 25 most profitable U.S. companies (see our slideshow for the full rundown of who paid what), the trio also had the highest effective tax rates. Exxon’s tax rate was 42.9%, Chevron’s was 48.3% and Conoco’s was 41.5%. That’s even higher than the 35% U.S. federal statutory rate, which is already the highest tax rate among developed nations. slideshow http://www.forbes.com/pictures/mef45fkfh/1-exxonmobil/
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'Never ending security threats...' Final Diary Entry:C. Stevens 9/11/12 
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