ExxonMobil Paying More Than Its Fair Share in Taxes?

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Well it was a record day or near record day -- one of the world's biggest companies ExxonMobil.

Now the oil giant barely -- a record for full year earnings today just under 45 million dollars.

340 million shy of its -- -- 1008 record profit.

Exxon said its net income equaled two dollars and twenty cents a share or about ten billion dollars.

Even with revenue falling 5% it's a huge number Kodak company.

As a result of the success people on the left rail against is companies saying hey they don't deserve the massive tax breaks they're getting.

These big -- oil guys have to pay their fair share like the rest of successful I mean I'm sorry wealthy -- -- expense take a look at this.

For the fourth quarter Exxon paid nearly seven and a half billion dollars in income taxes.

Nearly eighty billion in sales taxes and nearly nine billion an assorted other taxes that's a total.

A more than 24 billion dollars in taxes -- Let's revisit the top of the segment for a moment.

According to today's earnings report Exxon earned about ten billion dollars last quarter.

With the old oil giant paid 24 billion in taxes look at comparison.

And that's just the fourth quarter for 2012 -- -- earned 45 billion and paid a 102 billion.

In fact their tax rate 31 point 4%.

And doesn't sound like our free right to me.

To put it into perspective their tax bill was greater than the entire GDP of Morocco think about it an entire -- but country.

Talk about their fair share if that's something we're really striving for Mr.

President the IRS would have to give ExxonMobil some of -- -- -- back.

Plus unlike your pet projects like so Linder at.

Exxon is more than profitable a huge win for shareholders and actually puts money back into the economy.

And the form of nearly 37 billion dollars in energy investment.

Stop making them out to be the -- guys.

I -- other successful Americans read that take pride in a US company being number one in the world it's -- good -- Coming up.

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