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Then why is Shell Canada's operating profit margin hitting 29%? [0] https://reports.shell.com/tax-contribution-report/2018/our-tax-data/americas/canada.html ht
by caminante 5y ago
Then why is Shell Canada's operating profit margin hitting 29%?
[0] https://reports.shell.com/tax-contribution-report/2018/our-tax-data/americas/canada.html https://reports.shell.com/tax-contribution-report/2018/our-t...
- pharmakom 5y agoBecause they are selling the tax payers dollar bills.
- caminante 5y agoYou need to clarify. 1. Who is "they"? 2. What is $10? 3. What is $9? I linked an article showing Shell paid $8B to Canada in taxes in 2018 alone. With this CC project, GHG emissions are being stored for the foreseeable future. Without the CC project, the core refinery would be emitting a net increase of GHG. The value destruction analogy doesn't work.