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Originally Posted by tonycarreon
not true - that number comes from ALL the taxes they pay : income, payroll, taxes they collect from the consumer (state, federal gas tax, etc.). the real number is closer to 20% (it fluctuates year to year with 2009 being almost 0%, 2010 being 18%)...
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No, you are incorrect. That number would state and federal corporate income tax. It certainly does not include gas tax collections. Those go straight to the taxing authority after retail sale.
Check your facts out dude.