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Exxon's 2007 Tax Bill: $30 Billion
Thu Feb 7, 2008
An American individual doesn't begin to pay income taxes until he has adjusted gross income of slightly north of $30k. Up to that level deductions serve to negate any income tax.The 35% rate is a marginal US income tax rate.
Exxon's 2007 Tax Bill: $30 Billion
Thu Feb 7, 2008
ust think if XOM's taxable income was in line with the rest of the tax paying public we could totally eliminate taxes for the "lower 50%" and make a step toward <a href=" leveling the income tax playing field.
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Exxon's 2007 Tax Bill: $30 Billion
Exxon's 2007 Tax Bill: $30 Billion