I got this email from J$ regarding a part of last night’s O’Reilly Factor…
During a Dick Morris/O’Reilly exchange last night, Morris is using Bill as an example and talks about him getting a paycheck from Fox. O’Reilly sez something like no, Fox doesn’t pay me. I’m incorporated.
So Fox doesn’t employ O’Reilly? It employs O’Reilly Inc.??
I didn’t see it so I can’t say. Anybody else want to fill in the blanks?
Update: I reviewed the video from the website. This is exactly what was said…
Morris: Yeah but you’re not going to pay 42%. Let’s take Mr. O’Reilly’s taxes. They’ll go from 35 to 40.
Morris: Then because (garbled) You work for Fox News. You’re not self employed so you’re
O’Reilly: No. I am self-employed.
Morris: Oh, you’re self-employed.
O’Reilly: I have a corporation.
Morris: So then your social security payroll tax will go from 40 to 54.
So O’Reilly is a corporation. Why?