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Carpe Diem reports:
ExxonMobil paid $7.7 billion in taxes in the first quarter of 2012, which was about double the amount of taxes paid by Apple - $3.9 billion.
There's more:
You probably also won't hear Nancy Pelosi calling for end to Apple's tax cuts and tax subsidies as a way to finance the $6 billion it will cost to pay for a one-year extension of student loan subsidies. And it's also unlikely that the Democrats will propose a "Reasonable Profits Board" to regulate the profits of Apple and other computer companies. It's only Big Oil that gets constantly singled out for that kind of targeted "special" treatment. Not to give any ideas to Pelosi and the Dems, but it looks like "Big Computer" might be a juicier target now than Big Oil.
Ouch.
