Phony 'Emergency'

Hear about Big-eared Barry's latest tax proposal?

Exxon Mobil has already given the U.S. a massive windfall. As economist Mark Perry has noted, Exxon Mobil will pay more taxes this year to the U.S. Treasury than the bottom 50% of all taxpayers — combined.

In the first half, Exxon Mobil's after-tax income rose 15% to $22.6 billion. A lot of money, to be sure, until you consider that Exxon Mobil paid $61.7 billion in taxes — also a record.

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