The popular video streaming service Netflix posted its largest-ever
U.S. profit in 2018—$845 million—on which it didn’t pay a dime in
federal or state income taxes. In fact, the company reported a $22
million federal income tax rebate.
After a year of speculation and spin, the public is getting its first
hard look at how corporate tax law changes under the Tax Cuts and Jobs
Act affected the tax-paying habits of corporations. The law sharply
reduced the federal corporate rate, expanded some tax breaks and
curtailed others. The new tax law took effect at the beginning of 2018,
which means that companies are just now closing the books on their first
full year under the new rules.
If Netflix’s earnings report is any indication, not much has changed. Many corporations are still able to exploit loopholes and avoid paying the statutory tax rate—only now, that rate is substantially lower.
ITEP (Institute on Taxation and Economic Policy)
In a new study published Thursday in the journal Science, political scientists surveyed the inhabitants of this Internet pocket around the time of the last presidential election, from Aug. 1 to Dec. 6, 2016. They found that people who shared fake news were more likely to be older and more conservative. “Super-sharers” were responsible for the bulk of fake news, soaking their Twitter feeds in falsehoods with the gusto of kids with water pistols. They were enthusiastic communicators, tweeting an average of 70 times a day, and had a very limited reach.
The death of our Siemens factory is the result of another Trump lie
It’s happening all over America: Idiots voted for Trump and now they’re losing their jobs due to layoffs or plant closings.
Here’s one piss-off guy (The Guardian)
“As this country becomes blacker, browner, gayer, younger, more Hispanic and more Muslim, it is increasingly the case that the GOP cannot win if all voters vote. It cannot win, in other words, without cheating.”
North Carolina election-fraud investigation centers on operative with criminal history who worked for GOP congressional candidate
I recently tried to call the IRS about a bill I received. I was put on hold and after an hour of waiting I gave up and wrote a letter instead. About a month later, the IRS sent me a letter saying they would respond within a month or so. The response I finally received, about two months later, did not answer all of my questions.
Republicans went on a yuge “cost-cutting” spree several years ago which has cut agencies such as the IRS and Social Security to the bone.
Do you need to contact one of those agencies? Good luck.
But don’t worry…the rich and corporations still got $1.5 trillion worth of tax cuts, thanks to the GOP.
Have a Social Security Question? Please Hold (NY Times)
The moron is absolutely fucking nuts! In an interview he said this about voting:
“When people get in line that have absolutely no right to vote and they go around in circles. Sometimes they go to their car, put on a different hat, put on a different shirt, come in and vote again. Nobody takes anything. It’s really a disgrace what’s going on.”
He also still claims you must have an i.d. when buying cereal (really)!
“If you buy a box of cereal — you have a voter ID. They try to shame everybody by calling them racist, or calling them something, anything they can think of, when you say you want voter ID. But voter ID is a very important thing.” [The moron made the same sort of lying claim earlier!]
THIS GUY IS NUTS!
What’s equally nuts?
Repubicans who obediently enable the disgrace to the United States.
The moron has again threatened to pull funding from California for fighting forest fires.
He’s continuing to prove how uninformed a moron can be.
It sounds like Tucker Carlson has resorted to exaggeration any hyperbole in his reporting on the protesters (12-15 or so) who gathered outside his home.
“I was at the protest outside Tucker Carlson’s house. Here’s what actually happened.”
Did you hear the one about President Trump? Or, more precisely, did you hear all 3,128 jokes?
A think tank that has studied the content of late-night comedy for the past 26 years said Donald Trump was the butt of more jokes in 2017 than any other public figure has for a single year. By a lot.
He beat the previous record of 1,816, set by Trump as a presidential candidate in 2016, said the Center for Media and Public Affairs at George Mason University in a study released Friday. Prior to that, the record was 1,717 by former President Bill Clinton in 1998, the year of Monica Lewinsky.
Trump really knows how to pick ’em, doesn’t he?
The guy was part of a scam to separate chumps from their money.
…the FTC filed a complaint against Miami-based World Patent Marketing, accusing it of misleading investors and falsely promising that it would help them patent and profit from their inventions, according to court filings.
In May of this year, a federal court in Florida ordered the company to pay a settlement of more than $25 million and close up shop, records show. The company did not admit or deny wrongdoing.