Quote Originally Posted by McDanger
Ok I looked it up for you. According to their latest quarterly report:
thru June 08
total taxes paid $61,702,000,000.
net income $22,570,000,000.

I did not fabricate anything
This does not look right to me. How can they pay $62 billion in taxes on $23 billion in net income. That's not a 60% rate like you said, that's almost 300% --- they are going in the hole $39 billion each quarter to pay taxes? I think that is wrong. When you post the numbers, please post a link as well. Thanks.