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#1
11-09-2005, 07:47 PM
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Windbag tax, not windfall tax
Bill O'Reilly has been going crazy over the "record profits" of Oil Companies. Exxon Mobil recently posted profits of $9B on $100B in sales. Anyone who knows anything about economics knows that 9% is not really that much of a profit margin.
However, News Corp. surely has a higher profit margin than 9%. So why not tax windbags like Bill O'Reilly rather than the oil companies? 
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