Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Rupert Murdoch, Tax Cheat - Salon (w/ Videos)

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-12-11 06:01 PM
Original message
Rupert Murdoch, Tax Cheat - Salon (w/ Videos)
Rupert Murdoch, tax cheat
BY ALEX PAREENE - Salon
TUESDAY, JUL 12, 2011 15:01 ET

<snip>

Remember when it was reported that GE didn't pay any taxes last year and Fox News went nuts because GE owned NBC and GE head Jeffrey Immelt supports Obama? Here's Bill O'Reilly with some outrage:

<Video>

And here's a hysterical video of Fox News' "News Watch" roundtable attempting to castigate NBC for refusing to report that its parent company paid no taxes last year. The discussion ends when panelist Jim Pinkerton points out that NBC did report on GE's tax bill. The producers decide to start the segment again from the beginning, rather than have host Jon Scott look stupid:

<Video>

Funny story, from Reuters columnist David Kay Johnston: http://www.reuters.com/article/2011/07/12/column-dcjohnston-murdoch-idUSN1E76A1NH20110712

Over the past four years Murdoch's U.S.-based News Corp. has made money on income taxes. Having earned $10.4 billion in profits, News Corp. would have been expected to pay $3.6 billion at the 35 percent corporate tax rate. Instead, it actually collected $4.8 billion in income tax refunds, all or nearly all from the U.S. government.


There is even a handy chart:



<snip>

Link (w/Videos): http://www.salon.com/news/politics/war_room/2011/07/12/fox_taxes/index.html

:kick:
Printer Friendly | Permalink |  | Top
Bella Boo Donating Member (7 posts) Send PM | Profile | Ignore Tue Jul-12-11 06:05 PM
Response to Original message
1. Incredible
Wow. First the tabloid scandal and now this.
Printer Friendly | Permalink |  | Top
 
WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-12-11 07:15 PM
Response to Reply #1
2. Welcome To DU, Bella Boo !!!
:bounce::toast::bounce:

Glad ta have ya aboard!!!

:hi:
Printer Friendly | Permalink |  | Top
 
Rhiannon12866 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 02:02 AM
Response to Original message
3. K&R!
:banghead:
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue May 14th 2024, 04:36 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC