Dreamteammoney.com | Crude Oil, Precious Metal, Gold, Silver, Commodities and FuturesA comprehensive forum for discussing futures and commodities trading; includes energies, light sweet crude, financials, grains, indices, meats, metals, softs, quotes, charts, opinions, polls, book store, crop weather, and news.High Gas Prices- May 2, 2008 Do you know that the US government gets more of the money from gasoline sales than any of the oil companies Let me walk you through this:Exxon's profit margin is 11.23%, so at $3.50gallon Exxon gets 39 cents, this is after the US government taxed their profits; $29 billion from Exxon alone, 41% of their profits. The US government earned 27 cents per gallon off ExxonThen there is the federal tax of 18.4 cents per gallon. State taxes average 28.6 cents per gallon, so in direct taxes on your gas,..http://www.dreamteammoney.com/index.php?showtopic=50649 |