Windfall profits tax on Google?

Google is expected to earn about $2.8B this year.
ExxonMobil is expected to earn about $35B.

Google has about 6,000 employees.
ExxonMobil has about 106,000.

Google’s revenue and profit are growing by about 70% per year.
ExxonMobil’s revenue and profit are growing by about 20% per year.

Google’s operating margin is about 33%.
Exxon Mobil’s operating margin is about 16%.

The top three execs at Google last year earned $3,000 in salary and bonuses, on top of about $16B in increases in their equity holdings.
Lee Raymond, ExxonMobil’s outgoing CEO received a retirement package worth $400M.

Only the company with lower profit margin, less profit per employee, slower growth, and less compensation for its executives will be subject to the windfall profits tax now contemplated by Harry Reid and Arlen Specter.

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