#LibertyTax: White House, Media Attack After Drudge Pays Obamacare Opt-Out Penalty

Matthew Boyle
Breitbart.com
Big Government
21 Mar 2014

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, respondedthat that was a “Flat lie, no fee for previous year,” adding, “Scary how much influence he once had.”…

…Drudge indicated in his followup 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.

“As a self-employed individual, generally you are required to file an annual return and pay estimated tax quarterly,” the IRS website reads.

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…

…“It is true that thousands of small businesses will be forced to pay Obamacare taxes quarterly in 2014,” a Senate Budget Committee aide told Breitbart News on Friday afternoon…

 

 

Read the entire article at Big Government.

 

 

 

 

  

 

 

Comments are closed.