If Exxon really wanted to help
ExxonMobil, the most profitable corporation in the country, is spending some of its money on a series of television ads telling us to invest in education.
Most of us don't have a lot of money to invest in education. Exxon does. In fact, if Exxon were to merely pay what it owes in taxes, the Department of Education could increase its budget 14 percent.
Corporations are supposed to pay 35% income taxes. Exxon pays about half that. A report by Citizens for Tax Justice found that Exxon should have paid $4.1 billion more than it did between 2008 and 2010. Using the same calculation, we find that Exxon underpaid in 2011 by another $2.1 billion.
As the Exxon ads keep saying: "Let's solve this!"
Inspired by your ad campaign, we have a proposal to help solve U.S. education shortfalls. Give the $6.2 billion you should have paid in federal income tax between 2008 and 2011 to the Department of Education.
|Number||Date||Name||Location||Would you like to ad a note ...|
|17129||Fri Jul 08 10:40:31 EDT 2016||Lori DeRoche||Fort Worth, TX , US|
|17128||Wed Jul 06 16:17:19 EDT 2016||Robert Doll||Denver, CO , US|
|17127||Mon Jan 04 09:16:25 EST 2016||Christopher Dunham||Feasterville, PA , US|
|17126||Mon Nov 16 01:19:08 EST 2015||Marge Schwartz||S.B., CA , US|
|17125||Mon Oct 06 02:17:56 EDT 2014||Dalton Allsop||McKinney, TX , US||Wow.|
|17124||Wed Oct 01 23:25:30 EDT 2014||Lucas Brown||GAYLORD, MI , US|
|17123||Sat Aug 09 09:15:21 EDT 2014||Damien McLeod||Key Largo, FL , US|
|17122||Thu Jul 10 11:10:17 EDT 2014||Rebecca Cramer||Minneapolis, MN , US|
|17121||Mon Jun 30 23:03:46 EDT 2014||Nancy Hoffman||Sparks, NV , US|
|17120||Wed Apr 16 08:16:11 EDT 2014||jack wera|
|17119||Mon Mar 24 14:21:06 EDT 2014||Alexandra Kosmos||Forest Hill, MD , US|
|17118||Thu Mar 06 06:43:36 EST 2014||Carl Lenning||NO|
|17117||Mon Feb 24 10:19:25 EST 2014||Pat Thompson||Santa Clara, CA , US|
|17116||Sat Feb 22 23:07:21 EST 2014||Linda Thompson||Santa Cruz, CA , US|
|17115||Tue Jan 28 17:46:09 EST 2014||Us Fairbanks||Mohon st, LA , US||Pay your taxes but if not at least channel this money toward bringing about alternative fuel sourses|
|17114||Wed Jan 15 22:08:30 EST 2014||Jordan Bethuram||Broken Arrow, OK , US|
|17113||Mon Dec 30 00:36:45 EST 2013||mike segall||sanford, FL , US|
|17112||Sun Dec 15 09:08:24 EST 2013||frank harrison||hamilton, OH , US|
|17111||Sat Dec 14 02:36:40 EST 2013||Mike Wagenblast||Cosmopolis, WA , US||Pay up or shut up. It is time for you to pay your taxes and quit acting like a bunch of monied elite spoiled brats.|
|17110||Sat Dec 14 02:36:23 EST 2013||Mike Wagenblast||Cosmopolis, WA , US||Pay up or shut up. It is time for you to pay your taxes and quit acting like a bunch of monied elite spoiled brats.|
|17109||Wed Oct 02 23:32:28 EDT 2013||jonah freedman||brooklyn, NY , US|
|17108||Thu Sep 26 23:21:24 EDT 2013||Anonymous||st. louis, MO , US|
|17107||Sat Aug 31 00:50:42 EDT 2013||Jason Lawson||Santa Fe, TX , US|
|17106||Mon Aug 26 22:29:43 EDT 2013||Wyatt Hale||Brookville, PA , US|
|17105||Wed Aug 14 01:18:33 EDT 2013||Walter MERA||Beverly Hills, CA , US|