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End Federal Tax Subsidies to Fox!

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DearAbby Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-10 03:48 AM
Original message
End Federal Tax Subsidies to Fox!
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. 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.

More:
http://www.juancole.com/2010/10/end-federal-tax-subsidies-to-fox.html
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Bobbieo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-10 04:59 AM
Response to Original message
1. How much of our nation is owned by foreign interests?
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Thav Donating Member (336 posts) Send PM | Profile | Ignore Tue Oct-26-10 07:25 AM
Response to Reply #1
2. Answer: Too much.
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Toots Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-10 08:15 AM
Response to Original message
3. And take Rush Limbaugh off Armed Forces Radio while you are at it.
:shrug:
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DearAbby Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-26-10 08:58 AM
Response to Reply #3
4. YES
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