Tuesday, March 29, 2011

ThinkProgress » The Perils Of Corporate Media: MSNBC Makes Few Mentions Of Tax Avoidance By Parent Company GE

ThinkProgress » The Perils Of Corporate Media: MSNBC Makes Few Mentions Of Tax Avoidance By Parent Company GE

Posted on Twitter: thinkprogress ThinkProgress
Sad but true: Much more coverage of GE tax avoidance on @foxnews than @msnbc http://thkpr.gs/hEiFFv

"O’Donnell went on to actually dissect GE’s tax filing on air, providing a useful service to viewers who may be amazed that the tax code allows a mega corporation like GE to avoid paying federal corporate income taxes.

The wider failure of MSNBC to report about GE’s tax avoidance provides a cautionary tale about the dangers of over-reliance on corporate conglomerates to provide news to the American people. And it also highlights the importance of not-for-profit media and public media — like the public broadcasting conservatives are trying to defund."