According to an AP business analyst, Fox probably will not have to pay its full fine because of insurance and because it will be allowed to deduct the fine as a business expense. That means that the average taxpayer will be helping to make up the tax liability that Fox escaped from paying, since it can write off the fine.
Fox had $4 billion on hand as of December. I don’t think it will suffer too much. Its viewers probably will never hear that it lied on the air.
At least that Putin acolyte Tucker Carlson is gone.
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