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$1.4 Billion In McCain Tax Cuts For ‘Mainstream Media’

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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 08:10 PM
Original message
$1.4 Billion In McCain Tax Cuts For ‘Mainstream Media’

$1.4 Billion In McCain Tax Cuts For ‘Mainstream Media’

Conservatives continue to cry “liberal media bias” to explain away the unpopularity of the right-wing agenda, despite the stark economic realities for all but the super-wealthy in America. These tired claims ignore the reality that the right-wing agenda actually benefits the “mainstream media.”

The multinational corporations that run the mainstream media — GE (NBC), Time Warner (CNN), Walt Disney (ABC), News Corporation (FOX), and Viacom (CBS) — stand to benefit hugely under a McCain presidency. The centerpiece of Sen. McCain’s economic plan — actually, the whole plan — is large tax cuts for corporations. It would deliver $1.44 billion in tax cuts to the five largest media companies, according to an analysis by the Center for American Progress Action Fund.



These giveaways are just one part of McCain’s doubling of the Bush tax cuts for corporations and the wealthy which would create the largest deficits in 25 years and drive the United States into the deepest deficits since World War II. McCain and Palin have promised that the $700 billion bailout would not threaten these tax cuts.



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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 08:40 PM
Response to Original message
1. No comment? n/t


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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 08:59 PM
Response to Original message
2. Because the debt limit is too low?
This really does not seem the time to cut corporate taxes.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 09:35 PM
Response to Reply #2
3. The MSM
Edited on Fri Oct-03-08 09:35 PM by ProSense
know McCain will be good to them.

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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 09:43 PM
Response to Reply #3
4. which is likely why they have been so nice to him
When you think of the hell they put Kerry through because he misread a joke leaving out one word - then really gave McCain a pass for singing "Bomb, bomb, bomb Iran.
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 09:49 PM
Response to Original message
5. Disgusting. Doubling Shrub's budget busting tax cuts. Lovely.
I read an article a long long time ago before even the 2004 election that Shrub asked his advisors early on in his first budget process if maybe he was giving too much in tax breaks to the ultra wealthy corporations. He eventually went with the tax cuts to make his "base" happy but even Bush knew it would be trouble later on for us and McLoser wants to double it.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Fri Oct-03-08 10:00 PM
Response to Original message
6. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 10:04 PM
Response to Reply #6
7. Excuse me, what does this strange post have to do with McCain's tax cuts for the MSM? n/t
Edited on Fri Oct-03-08 10:04 PM by ProSense
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AZBlue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 10:08 PM
Response to Original message
8. And now we have the explanation for their slant.
Thanks for the post - I'm bookmarking for future reference!
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-08 01:14 PM
Response to Reply #8
9. Yup!
McCain base is corporate America.

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ej510 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-08 03:33 PM
Response to Reply #9
10. This needs to go viral.
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-08 04:18 PM
Response to Original message
11. So why is mccain limiting access to palin
when he knows the cmw are in the bag for him. They brought us 8 years of bush and The War On Iraq and they love their tax cuts.

mccain and his base are having a little feud.

Rec'd.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-08 04:21 PM
Response to Reply #11
12. She can't answer simple questions.
The media would have to do voice overs to gloss over her responses. It would be too obvious.

LOL!

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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-08 05:18 PM
Response to Reply #12
13. They do have a bit
a conundrum..ya:think:
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