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 ...|
|17056||Sun Mar 17 17:13:12 EDT 2013||Ann Godshalk||New Oxford, PA , US|
|17055||Sun Mar 17 01:44:50 EDT 2013||Mojgan G||arcadia, CA , US|
|17054||Fri Mar 15 14:59:42 EDT 2013||Kenneth Giles||Monrovia, CA , US||Can you imagine the promotional benefits of contributing to education and not looking like corporate deadbeats? Way to get on the right side of the debate!|
|17053||Fri Mar 15 08:28:55 EDT 2013||Carole yandell||COARSEGOLD, CA , US|
|17052||Tue Mar 12 14:35:16 EDT 2013||Dana Combest||Giford , WA , US|
|17051||Mon Mar 11 12:40:42 EDT 2013||Eleanor Anderson||Lawrenceville, NJ , US|
|17050||Mon Mar 11 04:58:34 EDT 2013||Elizabeth Fitzgerald||Earlysville, VA , US|
|17049||Mon Mar 11 02:26:35 EDT 2013||Martha Hunkins||Arcata, CA , US|
|17048||Sun Mar 10 05:05:37 EDT 2013||Andrey Korobkov||Ulyanovsk, ot , RU|
|17047||Sat Mar 09 19:43:08 EST 2013||Robert Poignant||Lynchburg, VA , US|
|17046||Sat Mar 09 19:42:18 EST 2013||Larry Farmer||Lynchburg, VA , US|
|17045||Fri Mar 08 22:21:51 EST 2013||OLIVIA DE JAVELINA||TUCSON, AZ , US|
|17044||Thu Mar 07 03:39:43 EST 2013||Anonymous||Margate, FL , US|
|17043||Mon Mar 04 21:54:11 EST 2013||Kiayu Sun||Laguna Beach, CA , US|
|17042||Mon Mar 04 16:58:58 EST 2013||dieter hils||louisville, CO , US|
|17041||Mon Mar 04 05:39:01 EST 2013||Dennis DeMarinis||New Bedford, MA , US|
|17040||Sun Mar 03 16:41:04 EST 2013||Dennis Wright||West Milton , OH , US|
|17039||Sun Mar 03 14:34:57 EST 2013||Linda Hayes||Brooklyn Center, MN , US||Is it possible that you have overlooked your obligation to pay taxes on profits made in this country?|
|17038||Sun Mar 03 02:01:57 EST 2013||Janis Todd||Princeton Junction , NJ , US|
|17037||Sat Mar 02 20:47:42 EST 2013||Gary G. Friend II||Gainesville, FL , US|
|17036||Fri Mar 01 23:39:47 EST 2013||William Todd||Strafford, NH , US||Actions speak MUCH louder than ads. Take this one and I'll be legitimately impressed.|
|17035||Fri Mar 01 17:18:59 EST 2013||Barry Zuckerman||Middletown, NY , US|
|17034||Fri Mar 01 10:53:03 EST 2013||Denise Aday||Pigeon Forge, TN , US|
|17033||Thu Feb 28 23:38:20 EST 2013||Ann Roos||Victoria, TX , US|
|17032||Wed Feb 27 20:09:24 EST 2013||James Hoff||Kaaawa, HI , US|