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I'm much, much more concerned about The New York Times deceptively pushing a political agenda during an election year than I am about FedEx legally paying as fe
by malvosenior 7y ago
I'm much, much more concerned about The New York Times deceptively pushing a political agenda during an election year than I am about FedEx legally paying as few taxes as possible. We all do that every tax season!
It seems like the real story is how the NYT is actively campaigning for the DNC and I'm glad FedEx is calling them out.
- mceachen 7y ago> "paying as few taxes as possible" Here lies the problem. One's tax burden should not be determined by your cleverness to dodge them, but some inarguable, tangible value. Like a bill. The tax law holes that allow for "creative" corporate financial "solutions" (like moving HQ to Ireland) and their ilk should be patched with dramatically simpler tax law. The government should simply bill people and corporations for their tax, outright, like they do in many other countries.
- malvosenior 7y agoI think it would be great if the tax was straightforward and simple and what it was going to be spent on was also clearly defined as part of the "bill". As it stands today, neither side of that equation is in any way simple or transparent. That being said, it's a non-story that people will use all the laws available to them to lower their taxes. They are after all the actual tax law and not "holes", as tempting as it is to label them that.
- atombender 7y agoNYT has been publishing articles about big corporations evading taxes for many years, including during the Obama administration. This is not new, and it's part of the NYT's social agenda, not the election year. Here are some examples: https://www.nytimes.com/2017/03/09/business/economy/corporate-tax-report.html https://www.nytimes.com/2017/03/09/business/economy/corporat... https://www.nytimes.com/2012/04/29/business/apples-tax-strategy-aims-at-low-tax-states-and-nations.html https://www.nytimes.com/2012/04/29/business/apples-tax-strat... https://www.nytimes.com/2016/09/01/business/yesterday-outraged-by-apples-tax-dodge-today-by-its-tax-bill.html https://www.nytimes.com/2016/09/01/business/yesterday-outrag... https://www.nytimes.com/2013/05/21/business/apple-avoided-billions-in-taxes-congressional-panel-says.html https://www.nytimes.com/2013/05/21/business/apple-avoided-bi... https://www.nytimes.com/2016/06/06/us/panama-papers.html https://www.nytimes.com/2016/06/06/us/panama-papers.html
- malvosenior 7y agoI wonder if it really is a "social" agenda vs. something else. They clearly do have some sort of agenda though, and while they no doubt always publish articles through that lens, I'd say they crank it up on election years, especially post-Trump.