“If your business model is to tell lies so that you’ll get viewers and have lots of advertising revenues, then, odious though this business model may be, the tax system’s job is to tax you on the profits that you actually make from it,” Daniel Shaviro, a professor of tax law at NYU, told The Lever. “And those profits are indeed reduced when you are successfully sued by the victims of your malicious falsehoods.”
So Fox is able to write off the $787 million settlement with Dominion, which means people that actually pay taxes, like me, and maybe you, are essentially bailing them out. This really pisses me off. Its no wonder America is a mess. Who can trust a system that is egregiously flawed?
Thank you for reading today's post. Have an InterStellar Day! ~PrP
