The GOP is all over NPR…
But what about Fox “News”?
Sounds like they are costing us a lot more than NPR…
But, oh wait, they support the GOP, so they’re safe…
The article goes on to describe how News Corp used a complex network of accounting dodges including as many as 60 shell companies that were incorporated in such tax havens as the Cayman Islands, Bermuda, the Netherlands Antilles and the British Virgin Islands. More recently, an investigation by the New York Times revealed that…
“By taking advantage of a provision in the law that allows expanding companies like Mr. Murdoch’s to defer taxes to future years, the News Corporation paid no federal taxes in two of the last four years, and in the other two it paid only a fraction of what it otherwise would have owed. Du
Fox News has been the beneficiary of government largess for years and it is time stop it and make Fox pay its own way. As far back as 1999, there have been reports documenting how News Corp, Fox’s parent company, exploited loopholes in tax laws that permitted them to avoid levies that all other citizens have to pay. From The Economist:
“…News Corporation and its subsidiaries paid only A$325m ($238m) in corporate taxes worldwide. In the same period, its consolidated pre-tax profits were A$5.4 billion. So News Corporation has paid an effective tax rate of only around 6%. By comparison, Disney, one of the world’s other media empires, paid 31%. Basic corporate-tax rates in Australia, America and Britain, the three main countries in which News Corporation operates, are 36%, 35% and 30% respectively.”
ring that time, Securities and Exchange Commission records show, the News Corporation’s domestic pretax profits topped $9.4 billion.”
Lost in the 21st Century 
How does tax avoidance (a perfectly legal gambit; if you don’t like it, work to get the ‘loopholes’ plugged) conflate in your mind to ‘funding’ a corporation that pays accountants to find the loopholes? Do you think that because FOX is not paying ‘enough’ taxes you are personally missing out on some nice sit-on-your-ass-and-do-nothing money?
Why do you think you have a right to Other People’s Money if you haven’t earned it? No matter what that fat man speaking to the dirty socialists in Wisconsin said, the wealth in this nation belongs to those who earned it; not to the moochers who desire it as if it is owed to them, and expect it to be handed over just to shut them up.
We are NOT all socialists now, despite the best efforts of the Democratic Party.
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