Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Last I heard, Exxon-Mobil, the most profitable corporation in the entire world, doesn't pay a dime in US taxes.

You heard wrong: http://blogs.forbes.com/energysource/2010/04/07/exxon-says-i...



Thanks.

So at least there's that. Meanwhile, google for "exxon subsidies us" brings up a 3 billion subsidy last year and who knows how much over the last 10. But at least we're probably not in the red. Although I'd say Exxon is getting a better-than-fair deal with all that the State Dept and US Military do for them.


Although I'd say Exxon is getting a better-than-fair deal with all that the State Dept and US Military do for them.

No doubt. I'm always amused by claims that nuclear power or alternative energy is "too expensive", when they ignore the huge explicit and implicit subsidies that oil gets.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: