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 ...|
|17031||Wed Feb 27 16:03:00 EST 2013||Alice Coffey||Chicago, IL , US|
|17030||Wed Feb 27 03:53:53 EST 2013||Mario Lam||lawndale, CA , US|
|17029||Tue Feb 26 19:40:21 EST 2013||Anonymous||Mililani, HI , US|
|17028||Tue Feb 26 10:08:00 EST 2013||Lawrence Merlino||Saugerties, NY , US|
|17027||Mon Feb 25 23:03:00 EST 2013||Ted Cowden||Grass Valley, CA , US|
|17026||Sun Feb 24 19:15:30 EST 2013||Dylan Eichenberg||Berkeley , CA , US||Our education system is broke while the most profitable companies in the history of world receive tax payer subsidies. That's an outrage; bring attention to this severe imbalance and fix it. Please, we More....|
|17025||Sun Feb 24 06:22:57 EST 2013||Alice Lloyd||Allentown, NJ , US|
|17024||Sun Feb 24 05:22:21 EST 2013||Timothy MacMurdo||Owens Cross Roads, AL , US|
|17023||Sat Feb 23 12:18:21 EST 2013||Kathryn Titus||Athens, GA , US||Stop being greedy. Greed is one of the seven deadly sins. Stop destroying our nation from withing, YOU are the real terrorists.|
|17022||Sat Feb 23 04:50:56 EST 2013||B MacDonald||Greenfield, MA , US|
|17021||Sat Feb 23 01:53:07 EST 2013||Olga Strickland||Mesa, AZ , US|
|17020||Fri Feb 22 23:23:13 EST 2013||E B||S, WA , US|
|17019||Fri Feb 22 21:58:37 EST 2013||Gloria Albasi||Bronx, NY , US|
|17018||Fri Feb 22 17:57:57 EST 2013||Roberta Sims||San Antonio, TX , US|
|17017||Fri Feb 22 15:11:39 EST 2013||Nina Tovar||York, SC , US|
|17016||Fri Feb 22 10:56:58 EST 2013||Carlen Lovejoy||Bloomington, MN , US|
|17015||Fri Feb 22 09:19:48 EST 2013||Ken Hiatt||San Dimas, CA , US|
|17014||Fri Feb 22 09:18:50 EST 2013||Ken Hiatt||San Dimas, CA , US|
|17013||Fri Feb 22 01:50:45 EST 2013||Hans Strong||New York, NY , US|
|17012||Thu Feb 21 15:02:25 EST 2013||Jelica Roland||Buzet, ot , HR|
|17011||Thu Feb 21 11:41:41 EST 2013||Jonathan Ridgeway||Clintondale, NY , US|
|17010||Thu Feb 21 11:35:51 EST 2013||Dan Hoeschele||Hawthorne, NJ , US|
|17009||Thu Feb 21 07:31:38 EST 2013||Sherrie Pizzo||Elmira , NY , US|
|17008||Thu Feb 21 06:49:06 EST 2013||Anonymous||Oklahoma City, OK , US|
|17007||Wed Feb 20 20:30:31 EST 2013||Anonymous||N/A, IL , US||With great wealth (not just power) comes great responsibility. Do the right thing.|