Taxpayers Are Subsidizing Fox’s Election Lies and Violent Radicalization
Fox is getting a big tax break on its settlement with Dominion. Meanwhile, it continues radicalizing its viewers, like the person charged with shooting Ralph Yarl.
It turns out that every person who pays taxes is also paying for Fox to further radicalize their neighbors.
On Tuesday, Dominion Voting Systems decided to settle with Fox and its cable networks after a months-long battle in a defamation lawsuit alleging that Fox had knowingly spread lies about the 2020 election. And now, The Lever has revealed that Fox will get to obtain a tax break as large as $213 million off the $787.5 million it owes Dominion.
“Thanks to an arcane line in the tax code, Fox can deduct that settlement payment from its income taxes,” The Lever reports, “because federal law allows taxpayers to write off many legal costs, providing that they are ‘ordinary and necessary’ business expenses.”
The revelation is shocking at its face: With a settlement, Fox had weaseled out of a potentially deeper inquiry into the lies undergirding its operation. And now the American taxpayer, whether they watch Fox or not, gets to help the crooked company wade through the costs of its own actions.
The revelation is all the more shocking given reporting from the Kansas City Star on the role Fox played in the radicalization of the shooter of Ralph Yarl, a Black 16-year-old boy who went to the wrong home in Kansas City, Missouri, to pick up his siblings.
Andrew D. Lester, who has been charged with shooting Yarl last week, was apparently immersed in a “24-hour news cycle of fear and paranoia,” according to Lester’s grandson.
“He’s become staunchly right-wing, further down the right-wing rabbit hole as far as doing the election-denying conspiracy stuff and Covid conspiracies, and disinformation, fully buying into the Fox News, OAN kind of line,” his grandson, Klint Ludwig, told the Star. “I feel like it’s really further radicalized him in a lot of ways.”
And how has Fox covered this shooting? Media Matters reports that between the day of Yarl’s shooting and Tuesday Fox had spent a whopping 13 minutes covering the violent incident. The only prime-time coverage, Media Matters notes, came while Tucker Carlson downplayed the shooting and used it to somehow attack the Biden administration. The figures are especially rich given Fox is ostensibly so “tough on crime”—but apparently not for the vicious acts it helped incite in the first place.