Taxes

The CEO of Exxon Mobile recently told Charlie Gibson,

"I saw someone characterize our profits the other day in terms of $1,400 in profit per second. Well, they also need to understand we paid $4,000 a second in taxes, and we spent $15,000 a second in cost."

$31,536,000,000 in taxes
$11,700,000,000 in profit

Something is wrong with this picture and it's not the profit.

Also, keep in mind, that when you pull up to the pump, 10% of your purchase goes to the government in the form of taxes.

Maybe, Obama needs to propose a rebate to all Americans and fund it through lowering taxes. Oh, yeah, right, like that's gonna happen.