Posts Tagged ‘AP’

Around the Blogosphere: Posts You Should Read

Sunday, October 12th, 2008

H/T to Glenn Reynolds of Instapundit. Thanks for doing this Professor Reynolds.

Professor Ann Althouse deconstructs some anti-Palin rantings.

I am convinced Hollywood is experiencing diversity - meaning it’s anti-conservative bias is being exposed.

John Kass on Chicago’s culture of corruption - i.e. Daly, Liberal Elite, Obama, Ayers, etc. P.S. - With Daly the second, the apple didn’t fall far from the tree.

And the AP’s franchise continues to decline.

The AP, Corporate Taxes and “The Media”

Monday, August 18th, 2008

When I first read the AP headline: “”, I admitted to being taken aback (see link below). That is, until I read the story and came to the conclusion that headlines are frequently misleading. Frequently, they serve as a means to an end of “scraping eyeballs” toward a particular story line. In this case, if all you read is the headline, you will come to the conclusion that “corporations are not paying their fair share” and other such nonsense. In reality, corporations don’t pay taxes, shareholders and people do. Moreover, many business entities today operate on a “pass-through” basis, meaning that they pass through any profits that may exist directly to the owner(s) personal tax bracket and return. So technically, the “business entity” doesn’t pay taxes in addition to the owners. The tax man is only getting one bite (and a very large one at that) of the profit apple. Which is the way it ought to be. The AP can be excused for not possessing extensive knowledge of tax policy, who does? They can’t be forgiven however, for not giving both sides of the story. The Tax Foundation is one such source as is Americans for Tax Reform.