As Trump Cuts Taxes, Chevron CEO Tells World: Now It's Your Turn
- Governments need to consider tax ‘competitiveness’: Wirth
- Exxon says $50 billion investment plan is a ‘projection’
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Big Oil is singing the praises of President Donald Trump’s tax overhaul but it’s not enough: now the rest of the world needs to step up and do the same, according to Chevron Corp.
“Governments around the world will, over time, have to evaluate the competitiveness of their fiscal terms relative to the options that a company like ours would have,” Chief Executive Officer Mike Wirth told analysts on a conference call today.