1 Feb 2006 at 16:16
#1
kitten_caboodle
Soldato
Joined: 21 Jul 2005
Posts: 5,463
Location: Frack off, nosey
I see that Exxon Mobil made the biggest corporate profit ever in 2005 making around 19billion after tax.
No wonder they are playing it down to all the critics who are angry over profiteering and the rising cost of fuel.

What do you guys think? Do you think they should be making such a profit or should they incurr 'windfall taxes'. Will the prices keep going up?


Exxon story
 
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1 Feb 2006 at 16:19
#2
Morba
Caporegime
Joined: 7 Mar 2003
Posts: 28,189
Location: Krispy Kreme drive thru
just make then charge a proper representative amount for fuel (to consumers).
otherwise you pay tax on the fuel, tax on the tax, then tax on the fuel again!
 
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2 Feb 2006 at 05:09
#3
Baron G
Gangster
Joined: 10 Dec 2004
Posts: 320
Location: Irvine, California
$36bn profit on a $371bn turnover isn't that outrageous.
 
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2 Feb 2006 at 09:14
#4
daz
Capodecina
Joined: 18 Oct 2002
Posts: 24,013
Location: Bucks
10% net is a nice margin.

Royal Dutch Shell have announced record profits too... http://news.bbc.co.uk/1/hi/business/4672716.stm

Nice.
 
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