End Federal Tax Subsidies to Fox!
Posted on October 22, 2010 by Juan
In response to Jim DeMint, Michelle Malkin, Bill O’Reilly, and other wingnuts who are calling for an end of Federal government support for National Public Radio because it fired commentator Juan Williams for hate speech against Muslim-Americans,
I am calling for the Federal government to close all those loopholes whereby Rupert Murdoch essentially usurps our taxpayer money and uses it to finance his massive airwave pollution projects.
That’s right, the US government is essentially underwriting Fox Cable News by allowing the Austrialian-American billionaire to evade the taxes that his secretaries and janitors have to pay.Murdoch’s evasion of taxes may not be illegal, but it is immoral and unethical for someone who owns the Wall Street Journal and a whole cable news company, who is therefore part of the moral community of the United States, to avoid paying his fair share (in contrast, e.g., to the Disney Corp., which owns ABC). Murdoch’s tactics for stiffing the public and contributing to the national debt were uncovered
in the 1990s. http://news.bbc.co.uk/2/hi/special_report/1999/02/99/e-cyclopedia/302366.stm It was discovered that his news corporations worldwide were paying 6% in taxes! In contrast, Disney was paying 31%. Almost anyone reading this pays very substantially more in taxes than Mr. Rupert, and when he doesn’t pay for government services,
it comes out of your pocket.Murdoch has backed Glenn Beck, who called President Barack Obama a racist, and Sean Hannity, who has openly falsified an Obama speech by manipulating the video to make him seem to say the opposite of what he said. He is not only not delivering news under the guise of ‘Fox Cable News’, he is delivering intentional falsehood. In addition, Murdoch is a bad corporate citizen, contriving to be a free rider who will not pay his fair share of taxes. No wonder we have a big deficit!
more:
http://www.juancole.com/2010/10/end-federal-tax-subsidies-to-fox.html