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Message
Wait. So the New York Times paid zero federal taxes in 2017???!
Posted on 9/29/20 at 7:14 am
Posted on 9/29/20 at 7:14 am
11
Posted on 9/29/20 at 7:16 am to Robin Masters
Posted on 9/29/20 at 7:20 am to Robin Masters
And:
USA Today
quote:
Amazon pays no federal income tax for 2018, despite soaring profits, report says
USA Today
Posted on 9/29/20 at 7:27 am to Robin Masters
But are they orange and bad?
Posted on 9/29/20 at 7:31 am to Robin Masters
quote:
New York Times paid zero federal taxes in 2017
That's perfect. I hate the NYT propaganda machine as much as the next one but at least I apply my politics fairly. I couldn't be happier for businesses or individuals that pay minimal taxes.
Posted on 9/29/20 at 7:36 am to Robin Masters
Posted on 9/29/20 at 7:39 am to fatboydave
quote:
But are they orange
They might be, they certainly aren’t Red....
This post was edited on 9/29/20 at 7:41 am
Posted on 9/29/20 at 7:40 am to Robin Masters
quote:
Smith also claimed the Times NYT, +1.71% paid zero federal income tax in 2017 and “only” $30 million in 2018, while cutting capital investments.
Yeah, that's just the FedEx CEO slinging some of the same mud back at the NYT. I mean with respect to 2018, their ETR was 27% which is basically the Fed stat and state blended tax rate so not sure what he is barking about there.
As for 2017, looks like they benefited from some equity comp that helped that year's tax bill. Much bigger impact than most years. I'm guessing a larger batch of awards given the stock was lower. Not enough info to say zero, though.
Basically the NYT ran a bullshite story and Fred Smith hit them back with the same bullshite. There's nothing here.
This post was edited on 9/29/20 at 9:24 am
Posted on 9/29/20 at 7:48 am to Jorts R Us
quote:
Basically the NYT ran a bullshite story and Fred Smith hit them back with the same bullshite. There's nothing here.
Yes there is, and thats it. Anyone can play the same selective datapoint bullshite game. And NYT’s came right back at them...
No one actually fricking cares what NYT’s taxes were.
Posted on 9/29/20 at 7:50 am to fatboydave
quote:
But are they orange and bad?
Even if they were orange and bad, it doesn't count because nobody at the NYT could be mistaken for a man.
Posted on 9/29/20 at 7:53 am to Robin Masters
So if NYT and Amazon do it, it makes it okay? Got it.
Posted on 9/29/20 at 7:56 am to Robin Masters
Posted on 9/29/20 at 7:57 am to icheerforgeorgia
quote:you are an insufferable troll
icheerforgeorgia
Posted on 9/29/20 at 7:57 am to Robin Masters
It’s like there are tax laws and they have tax attorneys or something.
Posted on 9/29/20 at 8:01 am to Robin Masters
They probably had a loss since their circulation was down.
Posted on 9/29/20 at 8:23 am to icheerforgeorgia
quote:im sure you don't take the tax deductions available to you out of principle
So if NYT and Amazon do it, it makes it okay? Got it.
Posted on 9/29/20 at 8:43 am to icheerforgeorgia
quote:
So if NYT and Amazon do it, it makes it okay? Got it.
Wow you are so dumb. No, it means that it’s okay if ANYONE does it; it’s within the fricking law. Don’t like it take it up with Congress.
If the NYT and Amazon, both of whom support Biden, call Trump out for it that just means they are HYPOCRITES.
Posted on 9/29/20 at 9:06 am to LSUnation78
quote:
Yes there is, and thats it. Anyone can play the same selective datapoint bull shite game. And NYT’s came right back at them.
Which is clearly acknowledge in my post. There's nothing there to the claim that the NYT doesn't pay tax. Just as there wasn't for the claim against FedEx.
This post was edited on 9/29/20 at 9:09 am
Posted on 9/29/20 at 9:07 am to LSUnation78
quote:
No one actually fricking cares what NYT’s taxes were.
I want to go on record saying I very much care. That's a profitably business and they, like most businesses aren't pulling their weight. Game is rigged.
Posted on 9/29/20 at 9:08 am to Jorts R Us
quote:
Which is clearly acknowledge in my post. There's nothing there to the claim that the NYT doesn't pay tax. Just as there wasn't for FedEx.
As much as there was against Trump, no?
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