newz corpse vs News Corp.

…Last night we told you News Corp. received $4.8 billion in tax refunds over four years, 2007 through 2010. The information from a Reuters article by David Cay Johnson was inaccurate. News Corp. actually paid $4.8 billion in taxes over those four years…

$4.8 billion in taxes on $10.4 billion in profit is a tax rate of 46 percent — 11 points higher than the corporate tax rate of 35 percent…

4 Comments!

  1. LLoyd
    Posted July 18, 2011 at 9:52 pm |

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    “Oh. Well that’s different.”

  2. accipiter NW
    Posted July 18, 2011 at 11:31 pm |

    Typical MSNBC-pas from one of their biggest news sluts.

  3. Claire: dirty, dirty wingnut
    Posted July 19, 2011 at 5:51 am |

    MsNBC – where Every Day is Day Two

    [NewsCorp: time to get bettah tax lawyahz]

  4. geezerette
    Posted July 19, 2011 at 7:32 am |

    I’m watching now– from what I’m hearing in the questioning I think the New York Times is next–right???