McCain's Ties To Exxon Mobil's Record Profits. We Can't Afford More Of The Same.

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John McCain? More of the same. He’s voted with Bush to help the special interests, not working families. Now he wants to give MORE tax breaks to Big Oil. McCain’s tax plan would give $3.8 billion in tax cuts to the five largest American oil companies. (Center for American Progress Action Fund) Does Big Oil need tax breaks? WELL TAKE A LOOK AT THIS. TELL ME WHO JOHN MCCAIN IS REALLY WORKING FOR. ------------------------------------------ By JOHN PORRETTO HOUSTON (AP) - Exxon Mobil Corp., the world's largest publicly traded oil company, reported income Thursday that shattered its own record for the biggest profit from operations by a U.S. corporation, earning $14.83 billion in the third quarter. The Irving, Texas-based company has reported unprecedented back-to-back quarters. Exxon said net income jumped nearly 58 percent to $2.86 a share in the July-September period. That compares with $9.41 billion, or $1.70 a share, a year ago. The previous record for U.S. corporate profit was set in the last quarter, when Exxon Mobil earned $11.68 billion. Revenue rose 35 percent to $137.7 billion. On average, analysts expected the company to earn $2.39 per share in the latest quarter on revenue of $131.4 billion. Like George Bush, McCain protects Big Oil’s profits. Last year, McCain was the only Senator to miss a vote on the energy bill repealing tax subsidies for oil companies. In 2005, he voted against a temporary windfall profits tax on oil companies to fund tax credits for working families. Previously, he opposed ending tax breaks for oil companies. McCain has received $723,777 in campaign contributions from oil and gas industry PACs and employees. ------------------------------------------- We CAN’T AFFORD more of the same. Tell John McCain “NO.” Enough said. Lloyd