usmbacker
Hall of Famer
Posts: 17,677
Joined: Nov 2003
Reputation: 1320
I Root For: Beer
Location: Margaritaville
|
Exxon Says ‘Historic’ Tax Reform Will Support $50 Billion Spending Plan
Armageddon
Quote:Exxon Mobil (XOM) said Monday it will invest $50 billion in the U.S. over the next five years, citing the “historic” tax reform bill signed into law in December.
The world’s largest publicly traded oil company continues to evaluate tax reform’s impact and whether lower rates will allow Exxon to further expand facilities along the Gulf Coast, according to CEO Darren Woods.
Woods, who made the announcement on an Exxon blog Opens a New Window. , said it’s “good to see sound policy laying the groundwork for America’s future economic success.”
“The recent changes to the U.S. corporate tax rate coupled with smarter regulation create an environment for future capital investments and will further enhance ExxonMobil’s competitiveness around the world,” Woods wrote.
Keep Reading here...
|
|
01-30-2018 03:16 PM |
|
SuperFlyBCat
Banned
Posts: 49,583
Joined: Mar 2005
I Root For: America and UC
Location: Cincinnati
|
RE: Exxon Says ‘Historic’ Tax Reform Will Support $50 Billion Spending Plan
muh evil corporation
|
|
01-30-2018 03:18 PM |
|
UofMstateU
Legend
Posts: 39,077
Joined: Dec 2009
Reputation: 3548
I Root For: Memphis
Location:
|
RE: Exxon Says ‘Historic’ Tax Reform Will Support $50 Billion Spending Plan
muh breadcrumbs!
|
|
01-30-2018 03:24 PM |
|
MemTigers1998
Hall of Famer
Posts: 14,132
Joined: May 2017
Reputation: 1877
I Root For: Memphis
Location:
|
RE: Exxon Says ‘Historic’ Tax Reform Will Support $50 Billion Spending Plan
One time $50 billion investment
No big deal
Let them dump $50 Bil a year like they did under Obama
(This post was last modified: 01-30-2018 10:21 PM by MemTigers1998.)
|
|
01-30-2018 10:20 PM |
|