The Bottom Line: Left-Wingers Hate Oil Companies
When oil prices blew sky high in 2008, ExxonMobil paid $ 36.5 billion in income taxes, $ 34.5 billion in sales taxes, and $ 45 billion in other taxes, for a total of $ 116.2 billion in taxes paid and collected in 2008. That’s according to Mark Perry at the Carpe Diem blog.
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Houston lawmaker wants tax break for yachts
HOUSTON – A state lawmaker wants to cap taxes on yachts as a way to keep business in Texas. Democrats say the idea is ridiculous at a time when the legislature is considering deep cuts to public education. “This is serious,” said Mike Villarreal, D-San Antonio. “When I was in committee and I heard from witnesses how these mega-yachts with two helicopter pads could benefit from this, and in turn …
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