AN EMBARRASSING NEW YORK TIMES CORRECTION, making clear that they never understood what an S Corporation was. “Pathetic. Nearly every day, the Times‘s editors and reporters lecture the rest of us on tax policy, but for the most part, they have no idea what they are talking about. If you are looking for ignorance, the New York Times is your newspaper.”

Reader Cameron Moore adds: “It must be one of those obscure concepts like ‘rule of law’…”