photo: ccgd
Mick at Uncorrelated picks up a Mark J. Perry story noting that ExxonMobil‘s annual average tax bill, nearly equals total taxes paid by the bottom 50% of individual taxpayers in 2004. In the leftist mind this is perhaps deserving punishment for the robber baron. For me, it’s an enormous amount of private capital, that would could be doing much to stimulate legitimate economic growth, were it not being confiscated by the state.