Categories Burlington Financial Iowa Local News Political West Burlington NY Times Avoids Taxes in 2014, & claims BIG refund, while reporting on Trump’s 1995 taxes Post author By Falcon Post date October 2, 2016 Click here: As Forbes reports – In 2014, The New York Times paid no taxes and got an income tax refund of $3.5 million even though they had a pre-tax profit of $29.9 million in 2014. In other words, their post-tax profit was higher than their pre-tax profit. The explanation in their 2014 annual report is, “The effective tax rate for 2014 was favorably affected by approximately $21.1 million for the reversal of reserves for uncertain tax positions due to the lapse of applicable statutes of limitations.” If you don’t think it took fancy accountants and tax lawyers to make that happen, read the statement again. ← LEAKED AUDIO – Hillary Clinton Mocks Bernie Sanders Supporters saying, “They are Living in their Parents’ Basement” → Mt. Pleasant Spoils WB Homecoming, 21-14