{"id":45137,"date":"2023-04-21T09:27:42","date_gmt":"2023-04-21T16:27:42","guid":{"rendered":"https:\/\/www.orderlyrandomness.com\/blog\/?p=45137"},"modified":"2023-04-30T11:34:54","modified_gmt":"2023-04-30T18:34:54","slug":"draconian-tax-laws","status":"publish","type":"post","link":"https:\/\/www.orderlyrandomness.com\/blog\/2023\/04\/21\/draconian-tax-laws\/","title":{"rendered":"draconian tax laws"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-text-color\" style=\"color:#04662a\">\u201cIf your business model is to tell lies so that you\u2019ll get viewers and have lots of advertising revenues, then, odious though this business model may be, the tax system\u2019s job is to tax you on the profits that you actually make from it,\u201d Daniel Shaviro, a professor of tax law at NYU, told\u00a0<em>The Lever<\/em>. \u201cAnd those profits are indeed reduced when you are successfully sued by the victims of your malicious falsehoods.\u201d<\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-the-lever wp-block-embed-the-lever\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"embedly-card\" data-card-controls=\"1\" data-card-align=\"center\" data-card-theme=\"light\"><h4><a href=\"https:\/\/www.levernews.com\/fox-can-claim-tax-writeoff-for-defamation-settlement\/?fbclid=IwAR3zNv09TEDc1dSsiOGPeK51cjNrTXuSyVfTPEpJbylEiLCCmeLj7ljymQc\">Fox Can Claim Tax Writeoff For Defamation Settlement<\/a><\/h4><p>The company says it can deduct the cost of its $787 million payout to Dominion over its election lies.<\/p><\/blockquote><script async src=\"\/\/cdn.embedly.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"has-text-color\" style=\"color:#b10b0b\">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? <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"36\" src=\"https:\/\/www.orderlyrandomness.com\/blog\/wp-content\/uploads\/2019\/08\/banner-1024x36.jpg\" alt=\"\" class=\"wp-image-3451\" srcset=\"https:\/\/www.orderlyrandomness.com\/blog\/wp-content\/uploads\/2019\/08\/banner-1024x36.jpg 1024w, https:\/\/www.orderlyrandomness.com\/blog\/wp-content\/uploads\/2019\/08\/banner-300x11.jpg 300w, https:\/\/www.orderlyrandomness.com\/blog\/wp-content\/uploads\/2019\/08\/banner-768x27.jpg 768w, https:\/\/www.orderlyrandomness.com\/blog\/wp-content\/uploads\/2019\/08\/banner.jpg 1129w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<div><p align=center><font color=\"#FF0000\">Thank you <font color=\"#FF6347\">for reading <font color=\"#FFA500\">today's post. \r\n<font color=\"#FFD700\">Have <font color=\"00FF00\">an <font color=\"40E0D0\">InterStellar <font color=\"800080\">Day! <font color=\"FE09FF\"> ~PrP   <\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>\u201cIf your business model is to tell lies so that you\u2019ll get viewers and have lots of advertising revenues, then, odious though this business model may be, the tax system\u2019s job is to tax you on the profits that you &hellip; <a href=\"https:\/\/www.orderlyrandomness.com\/blog\/2023\/04\/21\/draconian-tax-laws\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1888,3],"tags":[2187,2184,2186],"class_list":["post-45137","post","type-post","status-publish","format-standard","hentry","category-legal","category-politix","tag-dominion-voting-systems","tag-fox-news","tag-taxes"],"_links":{"self":[{"href":"https:\/\/www.orderlyrandomness.com\/blog\/wp-json\/wp\/v2\/posts\/45137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.orderlyrandomness.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.orderlyrandomness.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.orderlyrandomness.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.orderlyrandomness.com\/blog\/wp-json\/wp\/v2\/comments?post=45137"}],"version-history":[{"count":0,"href":"https:\/\/www.orderlyrandomness.com\/blog\/wp-json\/wp\/v2\/posts\/45137\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.orderlyrandomness.com\/blog\/wp-json\/wp\/v2\/media?parent=45137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.orderlyrandomness.com\/blog\/wp-json\/wp\/v2\/categories?post=45137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.orderlyrandomness.com\/blog\/wp-json\/wp\/v2\/tags?post=45137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}