Are U.S. oil companies taxed on their profits?

From the U.S. government?

2007-04-09 18:29:01 · 2 answers · asked by Anonymous in News & Events ➔ Current Events

Exxon mobil paid out 27% of their profit in federal income taxes, 43% of profit in total taxes.

2007-04-09 18:38:06 · answer #1 · answered by TedEx 7 · 1⤊ 0⤋

they make very little profit.

2007-04-10 19:15:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋

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