Via Newsbusters, here we have a classic case of a news correction that totally nullifies the original story. And this one is pure schadenfraude.
Earlier this week, MessNBC’s clownish hothead Ed Schultz thought he had a real juicy item on his hands, one that conveniently impugned the editorial integrity of the despised Fox News Channel. Reuters had just reported that FNC’s parent company News Corp. not only didn’t pay any taxes over the last four years, but actually received $4.8 billion in refunds! Ha-ha! Schultz sneered as he informed his viewer(s) that this is the real reason Fox personalities like Bill O’Reilly don’t want to see taxes raised on the “rich”.
Except, uh…News Corp actually paid $4.8 billion in taxes.
Oof.
Never mind the fact that MSNBC’s parent company GE didn’t pay a dime in taxes in 2010. Nothing to see there, I guess.
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