Weekend Newsbites: Sat. & Sun., March 22 & 23, 2014
Well, folks, it's here... (Pearl River's) St. Paddy's Day parade weekend!
Which means...
Tedmageddon 2014 - the yearly visit of Ted!
We're playing it by ear this year, folks! The Boys (Ted & Carl) are scheduled to arrive around 3:00 p.m. and then off to the Rushing Duck for some libations.
After that... God only knows!
http://www.breitbart.com/Big-Government/2014/03/21/White-House-Leads-Liberal-Media-In-Matt-Drudge-Attack
ReplyDelete* FUCKING OBAMA... FUCKING LEFT-WING MEDIA...
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.
The brouhaha started when Drudge tweeted, “Just paid the ObamaCare penalty for not 'getting covered'... I'm calling it a liberty tax.”
Jesse Lee, the Director of Progressive Media at Barack Obama's White House, responded that that was a “Flat lie, no fee for previous year,” adding, “Scary how much influence he once had.”
Lee’s response to Drudge set off a firestorm in the liberal media, with many mainstream media and Left-wing reporters [echoing Lee] on Twitter and in their own articles to claim [Drudge] does not have to pay ObamaCare's Individual Mandate tax until next year.
“Dude, there's no penalty until next yr,” Sahil Kapur of the Left-wing Talking Points Memo tweeted.
Kapur’s colleague at TPM Dylan Scott wrote a full story with a headline alleging Drudge was “probably lying.”
(*ROLLING MY EYES*) (*SHAKING MY HEAD*)
“Americans don't pay a penalty for not having health insurance until they file their 2014 taxes - in 2015,” Scott wrote. “So either Drudge is lying or he paid a huge penalty a year earlier than he needed to.”
The Huffington Post’s Jeffrey Young wrote a full article in which he described Drudge’s tweet as “weird” and a “little head-scratching” because the Obamacare tax does not kick in until the 2014 tax year.
“Penalty isn't collected until 2015,” Sam Baker of National Journal tweeted at Drudge.
* OK, FOLKS... YOU'VE JUST READ IT FOR YOURSELVES... MORON AFTER MORON MAKING THE SAME DUMBASS ERROR...
* READ ON... (LIBERALS... READ ON AND WEEP!)
Drudge indicated in his follow-up tweets that since he is self-employed as the proprietor of The Drudge Report, he files as a small business. According to the IRS’s website for self-employed individuals, they are required to pay taxes quarterly.
* NONE OF THESE DUMBASS REPORTERS, EDITORS, OR PUNDITS ARE APPARENTLY FAMILIAR WITH QUARTERLY TAXES! FRIGGIN' AMAZING...!!!
“As a self-employed individual, generally you are required to file an annual return and pay estimated tax quarterly,” the IRS website reads.
* DUH...!!!
So, when they file and pay those 2014 first quarter taxes, such individuals have to pay the ObamaCare Individual Mandate tax if they opted to not have health insurance — like Drudge just did.
(*AND MATT DRUDGE TAKES A BOW*)
Additionally, the IRS form (1040-ES) for estimating quarterly taxes specifically recommends adding the mandate penalty to line 12 for "other taxes" - to pay before the first quarterly deadline of April 15.
* BUT OF COURSE IF YOU'RE A LEFT-WING MEDIA TYPE YOU'RE FAR, FAR, FAR TOO BUSY TO DO BASIC RESEARCH - OR EVEN CALL YOUR OWN ACCOUNTANT BEFORE FILING YOUR STORIES.
(*SMIRK*)