They included the average state tax of about 23 cents per gallon both in the category "state" taxes and in the category "state & local" taxes. The total of both state and local taxes is 30.4 cents on average. Fox also placed $3.83 at the bottom, as if taxes are in addition to the price for gasoline. But the $3.83 figure already includes the taxes. (MMFA)An ACCURATE graph, using correct numbers and scale however, ins't nearly as compelling:
But, hey, why use accurate numbers when discussing an issue as important as tax subsidies going to our single largest (in terms of PROFIT) industry? This is particularly sad, because there are many perfectly legitimate ways to manipulate a graph (playing with the scale on the Y-AXIS, for example) in order to emphasise a point. You really shouldn't have to out-and-out LIE and CHEAT with bullshit data.
Speaking of PROFITS, apparently, ExxonMobil would have you believe that they pay more in taxes than they make in profit. Which... anyone who's not a complete idiot should realize is a just about a mathematic impossibility... Unless of course you count the taxes paid by the CONSUMER at the pump! Which I really wouldn't have that much of a problem with, seriously, if the Right wasn't also trying to make the case that lowering Federal Gas TAXES would lower the PRICE of Gas. If ExxonMobil is counting those taxes - paid by us - as a lost revenue opportunity for them, I think it's pretty clear what would happen to the price Gas if those taxes were lowered or repealed:
And that's according to ExxonMobil's own talking point!
The only thing that would happen? The ExxonMobil's of the world would report more profit, still receive billions in tax subsidies, and the rest of us would not only pay exactly the same price at the pump, but we'd also see our property and state income taxes go up substantially in order to make up for the lost revenue our states were once using to maintain our roads. Well, I don't know about YOU, but I think the ExxonMobil's of the world are taking a big enough chuck out of my paycheck as it is. So I say: screw 'em. I pay MY taxes, they should sure as hell pay theirs.
(And before anyone brings up subsidies for Electric Cars or Alternative Energy, let me say that I don't have any problem with eliminating those as well. Let's just make sure that EVERYONE pays their fair share of taxes, and that BIG OIL covers the FULL COST of our continued consumption of their product, which they currently... what's the industry term? Oh yeah: EXTERNALIZE. Which is a fancy way of saying "fucks everybody else with it.")