Friday, December 09, 2016


Spotted on Twitter:

A tale of two media empires: Fairfax pays 25.4% tax on taxable income of $91,856,465 News pays 0% tax on taxable income of $70,847,581

And guess which one it is whose newspapers run grossly oversimplified Right wing beat up stories about there being too many "leaners" when it comes to tax paid versus benefits received......

1 comment:

not trampis said...

Taxable income is simply income before deductions.

It isw meaningless unless you have no deductions alah Friedman