Send Us Hatemail ! mailbag@conservativecave.com
0 Members and 1 Guest are viewing this topic.
kpete (42,165 posts) Liar, Liar: TPM Catches Drudge With His Pants DownThere's just one problem: Americans don't pay a penalty for not having health insurance until they file their 2014 taxes -- in 2015. So either Drudge is lying or he paid a huge penalty a year earlier than he needed to. ................ MORE: http://talkingpointsmemo.com/livewire/drudge-individual-mandate-liberty-tax?utm_content=buffer3fee5&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
PoliticAverse (8,325 posts) 14. This is incorrect. Businesses (and individuals) must pay estimated taxes at least quarterly. If you haven't paid most of your 2014 taxes already before the April 2015 filing deadline you owe additional penalties. See: http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Estimated-Taxes http://www.irs.gov/taxtopics/tc306.html http://www.irs.gov/pub/irs-pdf/f1040es.pdf Since it is nearing the end of March, Drudge likely is referring to paying his first quarter's estimated tax. Since Drudge apparently knows he won't be purchasing the required health insurance at all during the year he knows what his penalty will be and can add 1/4th of it to his first estimated tax payment to avoid additional penalties.
A White House aide set off a stampede of liberal media criticism for Internet news pioneer Matt Drudge over Obamacare – but his critics don't seem to understand how small businesses pay taxes{snip}
PolitiFact says that:"Boiling down the complicated health care law to a soundbite proved treacherous, even for its promoter-in-chief. Obama and his team made matters worse, suggesting they had been misunderstood all along. The stunning political uproar led to this: a rare presidential apology."For all of these reasons, PolitiFact has named 'If you like your health care plan, you can keep it,' the Lie of the Year for 2013. Readers in a separate online poll overwhelmingly agreed with the choice."
Drudge is telling the truth. Lurking DUmmies, get it through your thick skulls, Barry is the liar. The dirty lying SOB Barry told the lie of the year for 2013!http://www.npr.org/blogs/thetwo-way/2013/12/13/250694372/obamas-you-can-keep-it-promise-is-lie-of-the-yearShort version: Drudge told the truth, Barry is the liar, and the DUmmies are stupid.
What erks me the most, is the air time they gave to GB's "read my lips", comment.The lie of obambi, is given a pass.