We already know that U.S. companies are burdened with one of the highest tax rates in the world. (Don’t hear much about that on the campaign trail.) Now comes word that Exxon’s shareholders in 2007 had a tax bill of $30 billion — more than the combined payments of 65,000,000 taxpayers.
UPDATE: I just saw that my link on tax rates was from 2002. Here’s an updated version from 2006. It’s worse.
