corporate welfare

Murdoch’s Sleazy News Corp. Got $4.8 Billion Tax Refund From Washington

Send this gnome back to Hell.We know it’s super important that all giant corporations get HUGE tax breaks and actually never pay any actual taxes in America, so they can all “be more competitive” by laying off all American workers and feeding us a steady diet of EVIL, but you would think somebody in Ronald Reagan Junior’s Barack Obama’s administration would’ve noticed the potential bad Public Relations involved in giving Rupert Murdoch’s Fox & Fiends global propaganda conglomerate a $4.8 billion tax refund after News Corp. managed to not pay any taxes at all, right? UPDATE: And Reuters mysteriously pulls down the entire column — the entire column! — because that’s what always happens when the subject of a business column claims the column is incorrect.

Brave Reuters business columnist David Cay Johnston breaks it down:

Over the past four years Murdoch’s U.S.-based News Corp. has made money on income taxes. Having earned $10.4 billion in profits, News Corp. would have been expected to pay $3.6 billion at the 35 percent corporate tax rate. Instead, it actually collected $4.8 billion in income tax refunds, all or nearly all from the U.S. government.

Fox News, the editorial pages of his Wall Street Journal and other Murdoch outlets often rail against taxes. Their attacks on government benefits for the elderly, the sick, the jobless and children focus attention on the uses of tax dollars and away from his aggressive efforts to enjoy the benefits of civilization without paying for them.

Take a look at your life, and then divest yourself of any exposure to News Corp.’s products. It’s easy! And you will have an immediately better life if you’re not swallowing the swill of Murdoch’s empire of shit, whether it’s the bald-faced evil of Fox News or the mind-numbing broadcast pornography of Fox movies and television shows.

Additionally, don’t spend money on things that pay Murdoch money. If it’s advertised on Fox News or in the New York Post or on the Fox television network, you really don’t need it! Really! You’ve already seen enough of The Simpsons and christ knows you don’t need to be pissing away what’s left of your life watching American Idol. Turn off your teevee and go outside, it’s summertime! (You don’t need anything advertised anywhere. When you actually need something, you’ll know it.) [Reuters/Telegraph]

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    1. jaytingle

      Yeah, a blow job creator, courtesy of our fellator-in-chief. This is the direct result of Wendi Deng turning off the "Me love you long time" machine.

  1. Barb

    Murdoch’s son might be thrown under the big red British bus…that’s the chance you take when daddy has the morals of a hungry river crocodile stalking a kindergarten swimming class.

      1. SorosBot

        I think the question may be "What does she know that Murdoch really, really doesn't want her to say to the cops?"

    1. BlueMonkeh

      That friggin' crocodile guy – the one that got skewered by a sting ray or something….whatshisname…Steve something….

      1. genxr

        I know it's been a few decades but I still want my $2.99 back for that VHS movie rental of Young Einstein.

    2. Serolf_Divad

      Fuckit, since no one else has named him yet: Angus Young?

      Have we gone down the whole list yet? Has anyone mentioned that guy who did Gladiator and Master and Commander?

    3. Geminisunmars

      Who was that Aussie, you know, Austrian watercolorist? Ummm, what was his name…?

      1. genxr

        My corporate jet is a job creator!

        That's also what I christened my yacht. It has the words "Job Creator" in big letters along the side while I sail up and down the coast pointing and laughing at the unemployed.

    1. PristineODummy

      Apparently, he just lost $7 billion, though. You know how it is. Easy come, easy go.

    1. horsedreamer_1

      Trick question! Those prison colony dwellers in Australia had no soul that, now, they could want to buy back.

  2. freakishlywrong

    And those insufferable douchebags, y'know the perky propagandists on the "N' Friends" show are ranting daily about Media Matters tax exempt status? Fuck you, blowholes!

  3. JustPixelz

    That kind of refund is totally fair. And balanced too! In the sense that it's not fair to balance the federal budget on the backs of trillionaires who daily broadcast anti-government propaganda.

  4. BlueStateLibel

    Goddamit, why not just give away the whole U.S. Treasury to Murdoch, defense contractors, and Wall Street…oh wait, we already did.

  5. V572 der Plaatz

    I'm willing to go Foxless if "House MD" doesn't start getting better. But if 13 goes back to her old haircut, I'm afraid I'll be powerless to resist.

    1. OkieDokieDog

      I'm pissed at Fox for cancelling Lie To Me. Tim Roth!!

      Hey! That should be name of their pseudo news dept.

    2. Rosie_Scenario

      Season finale was a bit much. Driving into Cuddy's house = Jumping the shark. Harder to give up "Glee" at this point. Moral dilemma. Easier to boycott the advertisers since I have no money.

      1. V572 der Plaatz

        And yet the one a few weeks before, where he jumped off the motel balcony (to the strains of "My Body is Cage"), was pretty good, even if the patient-of-the-week was a professional animal torturer.

        1. FNMA

          I really liked the one where they had that patient who was really sick and then they did a bunch of stuff that almost killed him and then they did more stuff that made weird things happen, such as his eyeballs bleeding, and then with five minutes left in the show they figured out that it was something relatively simple and cured the patient.
          Yeah, that one was pretty good.

      2. SorosBot

        Has Glee gotten any better in the second half of the season? I gave up on it about halfway through, it was so much worse than the first season, and had we too many dumb gimmicky "sing only the songs of musician X" episodes.

        1. OkieDokieDog

          I watched one episode because I like Jane Lynch, but I don't like her enough to suffer through watching the rest of those people or listening to that crap muzak.

          I'll admit – I'm a huge fan of Raising Hope. Martha Plimpton is fantastic.

          And I wonder… am I the only person in America who has NEVER watched American Idol?

          1. GunToting[Redacted]

            Count me in that elevated company… The only AI I've ever seen (other than being subjected to snippets whilst lighting on some "news" program or in the background at a bar) was some YouTube video of the guy who did a Beatles song with bagpipe backup. The piper is from the Wicked Tinkers, one of my favorite bands (pipes, drums, and didgeridoo).

          2. PristineODummy

            Of course, when I read "AI," I immediately thought, "but how can you SEE artificial intelligence?" Yeah, I know, I just dated myself. AI is SO 80s.

          3. AJWjr.

            Never. The only so-called "reality" program I ever watched was "Last Comic Standing", and that only until they made the comedians do dickish shit to each other.

          4. GOPCrusher

            I have never watched American Idol, Dancing With The Stars, Survivor, The Amazing Race, or any of the Real Housewives Of, etc.
            Sports are my reality TV.

    3. powersuit

      I'm one of about 5 Americans sorry to see The Chicago Code get cancelled. I liked the accents (well, except Jennifer Beals's but no matter).

      OTOH, this tax refund story makes me want to hurl my Cosi sandwich back up onto my keyboard. "Fox and Friends . . . the IRS."

    4. genxr

      Good lord you people watch a lot of TV. I gave up all broadcast/cable/etc last year. I'm down to just streaming netflix, which I use mainly to go through old twilight zone and MST3K episodes.

      And yes, it is a nice day outside.

      1. Swampgas_Man

        Due to unemployment, I've given up cable AND Netflix. Now I just stream/download individual shows off my XboxLive's Zune feature.

      2. PristineODummy

        I haven't watched TV since the '80s, although I have been talked into the occasional MST3K episode on someone else's teevz. Got rid of mine in 1996 (the ex used to watch, and when she left, there was no reason to keep it around). Haven't missed it in the least. Geez, I really am an old fart.

    5. GOPCrusher

      Yeah, House is pretty much played out for me. I can boycott Fox, except for baseball and football.

  6. horsedreamer_1

    Did CBS or ABC pay taxes?

    (We already know NBC didn't, also.)

    (I bet you can tell who got audited, though: BET.)

    1. Terry

      I used to take refuge in the Discovery owned channels until they paid the Snowbilly Grifter to make a series of bad shows for an obscene amount of money.

      1. horsedreamer_1

        I don't have cable, havn't since I moved into my own flat, five years ago, & my flat-screen doesn't get channels (the antenna I bought from Best Buy is inoperable, & I havn't been concerned enough with tee-vee to correct this (plus, Best Buy customer services is the pits)), so I don't watch much of anything. Last summer, during my surgery recovery at my parents's, I did get into Man v. Food on the Discovery operated Travel Channel, though. & Mad Men & Rachel Maddow are top-notch, too.

        What can I say? I am a man of simple pleasures.

        1. PristineODummy

          After my own heart. And given your tastes in teev-watching, probably after my lungs, liver, and spleen as well. (Sweetbreads — what a wonderful euphemism.)

    2. BaldarTFlagass

      I'm sure that Univision was subject to some scrutiny too, especially under Bush.

    3. GOPCrusher

      I think Michele Bachmann is calling for the LOGO channel to be investigated for un-American activities.

  7. OkieDokieDog

    This is all lies made up by liburals. Rupert has saved America from…

    aw fuck it. Send the gnome back to hell, and his blood sucking offspring too.

    1. AbandonHope

      No, you're on the right track. Look at the first three Reuters comments, already trying to suggest that he "read the data wrong". Next it will be that he purposely twisted the data; following that it will be that Fox News actually rescues baby pandas and transmutes them into kittens for orphans.

      The truth will never matter, because Ignorance is Wisdom in our brave new world.

  8. widestanceroman

    How much FOX viewers' grandchildren will pay for all that free gubmint money should be on screen for the entirety of FOX's miserable existence.

    And what was all that fuss about taxpayers' money going to PBS/NPR?

    I need some serious anger management right-fucking-now.

        1. horsedreamer_1

          PBR Me ASAP!

          (That was the company's last-gasp effort to remain relevant (outside of hipster bars). By four years from the campaign, so '91 to '95, they had closed up shop in Milwaukee, & three or four years after that, they had surged ahead as cheap, mass-produced swill of choice in America's mesh-cap-dens.)

    1. Sharkey

      Imagine you're looking at a calm blue ocean with nice ripples and lovely seagulls. And you holding a automatic shotgun. And Rupert Murdoch and all of his immediate family come strolling by – completely unarmed. And you're in an ungoverned tiny island somewhere where it would be impossible to get prosecuted…

      I dunno about you but I'm feeling better…

      1. widestanceroman

        What happens on that island stays on that island. . .as maggots rightfully reclaim their own.

  9. Eve8Apples

    The alt-text, "Send this gnome back to hell."

    Satan called. He doesn't want the son of a bitch either.

  10. axmxz

    According to FOX, government handouts are slavery, so I guess Obama now gets to put all their talking heads to work in the White House vegetable plantation.

  11. CapeClod

    They will probably get more next year since their stock is in the shitter after hacking the phones of dead children.

    1. Swampgas_Man

      At least in England they have righteous wrath against 'em. Where have you read anything about this in America?

    1. Terry

      They have their own issues, including but not limited to:

      – Murdock apparently owning not only British politicians but the Metropolitan Police, as well.

      – Greece deciding to hire Goldman Sachs to help them get out of financial problems

      – Italy electing Berlisconi and deciding to run up debt like a 16 yr old with Daddy's credit card.

      – Germany, while normally organized, tidy, and financially solvent, having individuals among their population with kinks and quirks that make Floridians look good.

      – Nations across the continent treating Roma/Travellers/Gypsies/etc like it was the 18th Century

      – France and those concrete bombs. Enough said about them, you know the rest.

      There's more of course…

      1. V572 der Plaatz

        It's really weird about the Gypsies. My otherwise sensible Italian friends say things like, "Nobody was hurt in the accident, just some Gypsies."

          1. V572 der Plaatz

            Weird in that these people would never talk that way about Jews, Africans or African-Americans, women, etc.

          2. PristineODummy

            We've had more visible struggles against the dehumanization of Africans, women, African-Americans, and Jews. The Roma are a very small minority, and scattered across many nations, with no homeland to claim for their own.

    2. OkieDokieDog

      Yesterday on facebook, Nightline asked some dumb question about Fox & Murdoch and the typical teabaggie said: Foreigners are not newsworthy in America.

      This infuriated me to no end.

  12. V572 der Plaatz

    As a tax policy buff (I know, it's pathetic), I've got to say that David Cay Johnston is awesome. He's the one who shouted down the Flat Earth Tax nuts by pointing out that we already have a flat tax: hedge fund zillionaires and minimum wage 7/11 clerks both pay at about 15%.

    This is from the linked article: "News Corp. had nearly $7 billion permanently invested offshore in 2009, money on which it does not have to pay taxes unless it brings the money back to the United States. Meanwhile, it can use that money as collateral for loans in the United States, where interest paid is a tax-deductible expense."

    Seems fair to me! He's one of Boehner's Job Creators™, assuming the job you want is to be a houseboy at Murdoch's mansion in the Cayman Islands.

    1. Doktor Zoom

      Linky is borked–repost please?

      Also, I'm glad to know there are tax policy buffs. But I don't want to know what your fantasy league games look like.

  13. inapewetrust

    i'm going to be supportive of news corp on this one, because some day i myself might be news corp and i'll want shitloads of free money from the government too. freedom!

  14. Nothingisamiss

    Ken, is that you?

    The brave Reuters correspondent will be out of a job soon, I suppose. But no food stamps! They will make you weak! America can no longer afford to feed people!

  15. e_z

    Well the news in this world is…Murdoch withdrew his offer to buy the entirety of BskyB TV.

    Amazingly enough Parliment was going to give him a blast of shit tonight and now <sniff> he scampers off.

    No doubt Fox media analysis will be all over this story (not), or the glees-some three-some of morning idiots will spout some super spun version of it. Hey Douchy, what say you?

    Total scum.

  16. SayItWithWookies

    I'll bet the government can get a lot of that $4.8 billion back now that News Corp. has been shown to be a criminal enterprise — a tax shelter suddenly becomes money laundering when you're breaking the law.

    1. GOPCrusher

      How awesome would it be to see Matt Groening and Seth McFarland announce that they are moving their shows to some other network because Fox no longer represents the image that they want to portray with their family oriented programs.

  17. Crank_Tango

    Yeah, yeah, yeah I will wait and see how Sarah Palin has been wronged in all of this before I comment.

  18. WhatTheHeck

    This old man is a true patriot of various western countries. I believe he has an honorary citizenship bestowed upon him from the first president Bush and therefore is exempt from all manner of prosecution. Leave the poor guy alone. He has a real hard time controlling the governments of so many countries.

  19. hagajim

    Fucking asshole. I hope the Brits throw his ass back in jail – but they won't and neither will we. Crime does pay, if its corporate crime and you are a rich MOFO.

    1. horsedreamer_1

      Murdoch should follow in Schwarzenegger's footsteps (as a naturalized American) & Scott's (as a corporate larceny mastermind) & run for Governor of a populous state. Let's say New York.

  20. proudgrampa

    How about if I pledge to always leave the room during a commercial? I don't think I'm ready to give up House or football.

    1. Chet Kincaid

      By the end of last season, I was able to sing the Valhallan, martial NFL theme songs of all four networks from memory. That is my strategy to ward off teh Alzheimers.

  21. Not_So_Much

    Well, it was a prison colony after all. You can't expect it's leading citizens to NOT rape and pillage when let loose.

  22. Buckminster

    I didn't think Faux News had any real advertisers to start with! Jebus, is there anything this douche doesn't own?

  23. Guppy06

    I'm not sure I want to live in a country that extends citizenship to this guy but not to people spending twelve-hour days picking tomatoes.

    1. axmxz

      He provides vital freedom services, for freedom, whereas the tomato-pickers are just brown leeches sucking the blood of American taxpayers. So what if his corporation essentially gets paid by the US government to make money off old fat white idiots, and the illegals pay taxes without being able to use of the meager social net benefits they finance? FREEDOM STATES RIGHTS BUILD THE DANG FENCE GRAAGAGH!1!

  24. Oblios_Cap

    I'm starting to believe the Mayans were right about that 2012 shit. Better go sprinkle some turkey blood to appease Itzamna, just to be on the safe side.

  25. tribbzthesquidz

    I wonder if Newscorpse will get through this situation unscathed and perhaps even use the brouhaha to their advantage. How long until this blows over and nobody gets in trouble for it?

    1. fuflans

      i don't know, i was reading a bunch of british press last night and the concensus seems to be that it IS an earthquake.

      can only hope it hurts fox. but it won't.

    2. tribbzthesquidz

      Yesterday we we're having a big laugh and Mrs. Tribbz said she felt like someone handed her a big bag of Bertie Botts Rupert Murdoch-flavored jelly beans.
      My glee has faded since then and I question whether they'll even be properly called out on it much less get the cock spanking they so richly deserve.

    1. prommie

      Doesn't he already have 37 shows? I watch them all, too. I don't know the names, I just call them all "English Dude Yelling at People."

      1. Chet Kincaid

        What is so appealing about all these sneering English yahoos? In my day, the Brits on TV were funny and obviously smarter than everyone but me and my weird high school buddies.

        1. Sharkey

          He puts people in their place. Usually it's obnoxious, stupid people. (He's not random like a certain Simon Cowell.) Ramsey's tirades on Hell's Kitchen are comedy gold.

          OK I'm done kissing ass for the day.

  26. fuflans

    i wish i could quit advertising but as i can't seem to get employed in other parts of the tax burdened over regulated job creating private sector i am forced to act for food.

    and this means ads


  27. Serolf_Divad

    Rupert Murdoch… wait for it… wait for it… welfare queen.

    Oh, that feels soooo god to say!

  28. ttommyunger

    This, from the same people that bray about the bottom 51% of Americans who pay no Federal Income Tax as if that is a huge injustice.

  29. James Michael Curley

    I have divested myself of all connections with News Corp and its minions and products. However, once a week I stop off at the Dunkin Donuts to steal a copy of the Wall Street Journal because I have divested myself of all Koch Brothers products like "Angle Soft" and "Quilted Northern" toilet paper.

  30. KeepFnThatChicken

    You will have an immediately better life if you’re not swallowing the […] mind-numbing broadcast pornography of Fox movies and television shows.

    Star Wars fans: THIS MEANS YOU.

    1. HistoriCat

      George Lucas made a good start but the rest of them will need to leave on their own.

  31. AJWjr.

    I wish to hell they'd divest themselves of the less-evil tentacles of the empire, like FX, SPEED TV, NatGeo, SyFy and Fox broadcast TV locals.

    1. Gleem_McShineys

      Yeah, imploring people to go outside has that distinctive Layne-flavored taste to it.

      His hiking trails probably loop past an internet cafe or something.

  32. iburl

    What was that quote Obama campaigned on? "The fierce urgency of giving everything to the richest 1%." ?

  33. Lazy Media

    Yeah, I kinda want to go outside and do some carpentry, but it's 94 in the shade and 99 with the heat index. What's that? Women's soccer on the teevee? I'm in!

    1. horsedreamer_1

      We beat France, too.

      The Right will be so conflicted. France loses, but, it's soccer… It's soccer, Greg Jarrett. It's soccer.

  34. Fox n Fiends

    This was such a good post that I'll not press copyright charges for using my "handle".

  35. sportshort

    Well, I will keep wiping my ass with the old Wall Street Journal in my outhouse til it runs out.

  36. CapnFatback

    The article has been pulled:

    Please be advised that the David Cay Johnston column published on Tuesday stating that Rupert Murdoch’s U.S.-based News Corp made money on income taxes is wrong and has been withdrawn. News Corp’s filings show the company changed reporting conventions in its 2007 annual report when it reversed the way it showed positive and negative numbers. A new column correcting and explaining the error in more detail will be issued shortly.

    Of course, I'm still on board for a boycott of American Dad.

    1. Geminisunmars

      I just went over there to see if I could understand how this was even possible, and saw that the article had been pulled. Makes you wonder by what body part(s) they have David Cay Johnston strung up? Cover up? Wtf???

    2. comrad_darkness

      >reversed the way it showed positive and negative numbers

      WTF does that mean? Hey, look guys if we claim instead that we LOST 10 billion, the IRS sends us a fat check!

      Worked for Microsoft for years years, actually.

  37. sati_demise

    Were we paying him to spy on us?

    Was he hired by the CIA in the name of Homeland Security?

  38. comrad_darkness

    Let's take a living wage of 40k, that would be 75k with overhead. That's 64,000 jobs.

    Good work, fuckwads in DC.

  39. comrad_darkness

    I have to say, this scandal and the articles about Blair and Brown sucking Murdick to get elected finally explains why, despite the memos clearly showing the Brits knew the Iraq war was a loon's errand, they still went along with it. Sucks big time that 3 trillion and untold lives were lost and this bitch gets our tax dollars in his pocket to boot, but at least a mystery has been solved. I'll take what I can get.

  40. glamourdammerung

    Murdoch must be one of those "welfare queens" I have heard conservatives scream so much about.

  41. Warpde

    Hey. Back off.
    Do you people realize how much it costs to hack phones, let alone pay off cops?
    Huh? …….Huh? …….Huh?
    Didn't think so.

  42. benjo765


    Stop poking news crop with a stick everyone, they're only doing their job… y'know…being sinister assholes.

  43. quidamwp

    This report is false.
    David Cay Johnston. The opinions expressed are his own.

    Readers, I apologize. The premise of my debut column for Reuters, on News Corp’s taxes, was wrong, 100 percent dead wrong.

    Rupert Murdoch’s News Corp did not get a $4.8 billion tax refund for the past four years, as I reported. Instead, it paid that much in cash for corporate income taxes for the years 2007 through 2010 while earning pre-tax profits of $10.4 billion.

    WHile I have no sympathy for Murdoch, this correction needs to be published with the same visibility as the false claim

Comments are closed.