Lols at libs (1 Viewer)

[johnjohn]

http://www.rushlimbaugh.com/daily/2014/03/24/drudge_shines_light_on_ignorant_media

 

[jonessed]

The new media model is to report first and verify later. This would just be another example of how far journalism has fallen.

There is really no excuse for the White House not to know this though. At the very least the should have talked to someone knowledgable first.

 

[Godsbrother]

Easy fix: go to a national sales tax and eliminate all of this income estimation/withholding BS once and for all.

 

[steveski]

REAL people listen to Rush Limbaugh? Must be in all the small nooks of the nation where the light doesn't shine.

 

[ClownCausedChaos2]

Laugh out louds?

 

[dozer]

As a democrat, this significant issue is going to take quite some time to get over.

Ok, now I'm over it.

 

[dozer]

Plus he wasn't even born here.

 

[Apple Jack]

And is uppity.

 

[Rayderr]

Thought this thread was gong to be about MadLibs.

 

[Carolina Hustler]

Easy fix: go to a national sales tax and eliminate all of this income estimation/withholding BS once and for all.

^ this

 

[Carolina Hustler]

Typical liberal behavior, mock someone as being wrong, find out he's right and they are the ones who are wrong, then deny/ignore/belittle the issue...

"He is sooo stupid, he doesn't know when he has to pay, lets mock and shame him relentlessly"

:He is right/liberals were wrong:

"He is sooo stupid for making a big deal about us being wrong, this is a non-issue, please everyone ignore our ignorance"

 

[shader]

Typical liberal partisan behavior, mock someone as being wrong, find out he's right and they are the ones who are wrong, then deny/ignore/belittle the issue...

"He is sooo stupid, he doesn't know when he has to pay, lets mock and shame him relentlessly"

:He is right/liberals were wrong:

"He is sooo stupid for making a big deal about us being wrong, this is a non-issue, please everyone ignore our ignorance"

 

[SmoovySmoov]

Lols at people who get their "news" from Rush Limbaugh.

 

[Doctor Detroit]

Laugh out louds?

In his Asian voice it's raugh out rouds. :ror: ,s

 

[Ookie Pringle]

Lols at people who get their "news" from Rush Limbaugh.

It has been reported on other news sites as well.

 

[igbomb]

Typical liberal behavior, mock someone as being wrong, find out he's right and they are the ones who are wrong, then deny/ignore/belittle the issue...

"He is sooo stupid, he doesn't know when he has to pay, lets mock and shame him relentlessly"

:He is right/liberals were wrong:

"He is sooo stupid for making a big deal about us being wrong, this is a non-issue, please everyone ignore our ignorance"

Don't you try to paint yourself as some non-partisan independent who is above the fray? You're as hacky as 3/4 of the posters in these kinds of threads.

 

[timschochet]

I liked how Rush referred to himself and Drudge as small businessmen.

 

[fatguyinalittlecoat]

According to wikipedia's entry on Matt Drudge:

As of 2007, he owns two properties in Miami – a $1.4 million Mediterranean-style stucco house on Rivo Alto Island,[2] and a $1-million-plus condominium in Miami's Four Seasons hotel.[6] By early 2009, Drudge earned millions of dollars a year, travelled extensively (Israel, Las Vegas, Geneva), moved to another property in Miami and had become reclusive.[12] In 2003 he named his one indulgence, apart from travel, as his Corvette.[27]

Seems weird for somebody that well off to not have health insurance. He seems like a pretty strange dude though.

 

[Rayderr]

I liked how Rush referred to himself and Drudge as small businessmen.

If they have under 500 employees, technically, they are.

 

[jonessed]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

 

[timschochet]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

Yes, technically they do. But given their earnings it's still amusing. You just don't usually think of people who earn several millions a year (in Rush's case a lot more than that) as small business owners.

 

[Rayderr]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

Yes, technically they do. But given their earnings it's still amusing. You just don't usually think of people who earn several millions a year (in Rush's case a lot more than that) as small business owners.

Drudge makes millions of dollars? Doing what? Isn't his website just a bunch of hyperlinks?

 

[timschochet]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

Yes, technically they do. But given their earnings it's still amusing. You just don't usually think of people who earn several millions a year (in Rush's case a lot more than that) as small business owners.

Drudge makes millions of dollars? Doing what? Isn't his website just a bunch of hyperlinks?

According to the Wiki article just posted, yes.

 

[shader]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

Yes, technically they do. But given their earnings it's still amusing. You just don't usually think of people who earn several millions a year (in Rush's case a lot more than that) as small business owners.

Drudge makes millions of dollars? Doing what? Isn't his website just a bunch of hyperlinks?

And ads

 

[fatguyinalittlecoat]

Yeah, this is also from wikipedia:

A story by Business 2.0 magazine from April 2003 estimated that Drudge's website received $3,500 a day (almost $1.3 million a year) in advertising revenues. Subtracting his relatively minor server costs, the magazine estimated that The Drudge Report website netted $800,000 a year.[11] An article in The Miami Herald from September 2003 said Drudge estimated he earns $1.2 million a year from his website and radio show. During an April 30, 2004 appearance on C-SPAN, Drudge confirmed that he earns over $1 million.

 

[NutterButter]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

Yes, technically they do. But given their earnings it's still amusing. You just don't usually think of people who earn several millions a year (in Rush's case a lot more than that) as small business owners.

Drudge makes millions of dollars? Doing what? Isn't his website just a bunch of hyperlinks?

And ads

Yeah, probably makes a ton on those with all the traffic that site gets

And as a proud lib, thanks Mr Drudge for paying your taxes.

 

[Rayderr]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

Yes, technically they do. But given their earnings it's still amusing. You just don't usually think of people who earn several millions a year (in Rush's case a lot more than that) as small business owners.

Drudge makes millions of dollars? Doing what? Isn't his website just a bunch of hyperlinks?

And ads

Anyone that calls Drudge stupid doesn't know what they're talkling about. Anvbody that can pull in millions of dollars off a POS website like that is effing brilliant.

 

[Joe T]

According to wikipedia's entry on Matt Drudge:

As of 2007, he owns two properties in Miami – a $1.4 million Mediterranean-style stucco house on Rivo Alto Island,[2] and a $1-million-plus condominium in Miami's Four Seasons hotel.[6] By early 2009, Drudge earned millions of dollars a year, travelled extensively (Israel, Las Vegas, Geneva), moved to another property in Miami and had become reclusive.[12] In 2003 he named his one indulgence, apart from travel, as his Corvette.[27]

Seems weird for somebody that well off to not have health insurance. He seems like a pretty strange dude though.

Why?

 

[fatguyinalittlecoat]

According to wikipedia's entry on Matt Drudge:

As of 2007, he owns two properties in Miami – a $1.4 million Mediterranean-style stucco house on Rivo Alto Island,[2] and a $1-million-plus condominium in Miami's Four Seasons hotel.[6] By early 2009, Drudge earned millions of dollars a year, travelled extensively (Israel, Las Vegas, Geneva), moved to another property in Miami and had become reclusive.[12] In 2003 he named his one indulgence, apart from travel, as his Corvette.[27]

Seems weird for somebody that well off to not have health insurance. He seems like a pretty strange dude though.

Why?

I would think people that can easily afford to insure themselves against costly stuff typically do. I'd also be surprised if he lacked homeowners insurance or car insurance.

But I guess it's possible I'm wrong -- if you're really rich you can afford to just pay stuff out of pocket even if you get some sort of expensive medical condition. And he doesn't seem to have a family, so maybe he figures he's low risk. I still find it sorta surprising.

 

[Rayderr]

According to wikipedia's entry on Matt Drudge:

As of 2007, he owns two properties in Miami – a $1.4 million Mediterranean-style stucco house on Rivo Alto Island,[2] and a $1-million-plus condominium in Miami's Four Seasons hotel.[6] By early 2009, Drudge earned millions of dollars a year, travelled extensively (Israel, Las Vegas, Geneva), moved to another property in Miami and had become reclusive.[12] In 2003 he named his one indulgence, apart from travel, as his Corvette.[27]

Seems weird for somebody that well off to not have health insurance. He seems like a pretty strange dude though.

Why?

I would think people that can easily afford to insure themselves against costly stuff typically do. I'd also be surprised if he lacked homeowners insurance or car insurance.

But I guess it's possible I'm wrong -- if you're really rich you can afford to just pay stuff out of pocket even if you get some sort of expensive medical condition. And he doesn't seem to have a family, so maybe he figures he's low risk. I still find it sorta surprising.

Could it just be that his insurance doesn't meet the new requirements?

 

[fatguyinalittlecoat]

I would think people that can easily afford to insure themselves against costly stuff typically do. I'd also be surprised if he lacked homeowners insurance or car insurance.

But I guess it's possible I'm wrong -- if you're really rich you can afford to just pay stuff out of pocket even if you get some sort of expensive medical condition. And he doesn't seem to have a family, so maybe he figures he's low risk. I still find it sorta surprising.

Could it just be that his insurance doesn't meet the new requirements?

His twitter thing said he opted out of Obamacare "for life" so I don't think that he's just got a currently non-conforming plan.

 

[timschochet]

He probably doesn't have health insurance because he wants to publicize the fact that he doesn't have health insurance.

 

[brun]

Easy fix: go to a national sales tax and eliminate all of this income estimation/withholding BS once and for all.

^ this

Not a big fan of sales taxes. If it's applied across equally all purchases it seems to put a disproportinate burden on lower income people. It requires merchants to become tax collectors (without compensation). Some will still avoid paying their full share by bartering.

I'm sure I'd get used to it, but experiencing a sales tax like they do in Canada (GST + Provncial, or the HST, which result in sales taxes of 12-15%) would be weird.

Maybe a sales tax that is limited to, or a higher rate for, certain luxury items is worth considering. However, I imagine that would just be in addition to, not instead of, income tax.

Of course my POV is influenced by living in New Hampshire.

 

[Rayderr]

Easy fix: go to a national sales tax and eliminate all of this income estimation/withholding BS once and for all.

^ this

Not a big fan of sales taxes. If it's applied across equally all purchases it seems to put a disproportinate burden on lower income people. It requires merchants to become tax collectors (without compensation). Some will still avoid paying their full share by bartering.

I'm sure I'd get used to it, but experiencing a sales tax like they do in Canada (GST + Provncial, or the HST, which result in sales taxes of 12-15%) would be weird.

Maybe a sales tax that is limited to, or a higher rate for, certain luxury items is worth considering. However, I imagine that would just be in addition to, not instead of, income tax.

Of course my POV is influenced by living in New Hampshire.

They already are in states that have a state income tax.

 

[Bucks]

Paying the penalty now acutally applies to everyone, not just the small business owners making estimated tax payments. Employee's make the equivalent estimated tax payments automatically as payroll deductions every pay period for the current year. So technically they've been paying the penalty since the first pay period of 2014 sooner then Drudge or Rush.

Under paying your quarterly estimated tax payment each quarter is equivalent to filing a W-4 with your employer instructing them to under-withhold on your paycheck. When you do your 2014 filing next year if you didn't withhold enough you are subject to penalties unless you 1) owe less than $1000 additional 2) paid at least 90% of the total tax for 2014 or withheld at least 100% of the total 2013 tax. shown on the return for the prior year, whichever is smaller.

 

[fatguyinalittlecoat]

When you do your 2014 filing next year if you didn't withhold enough you are subject to penalties unless you 1) owe less than $1000 additional 2) paid at least 90% of the total tax for 2014 or withheld at least 100% of the total 2013 tax. shown on the return for the prior year, whichever is smaller.

Do you know whether the mandate penalty "counts" with respect to the $1000 figure or the 90% figure?

 

[Joe T]

He probably doesn't have health insurance because he wants to publicize the fact that he doesn't have health insurance.

or it could be because he has plenty of money and can afford to be self-insured.

Whichever....

 

[Bucks]

When you do your 2014 filing next year if you didn't withhold enough you are subject to penalties unless you 1) owe less than $1000 additional 2) paid at least 90% of the total tax for 2014 or withheld at least 100% of the total 2013 tax. shown on the return for the prior year, whichever is smaller.

Do you know whether the mandate penalty "counts" with respect to the $1000 figure or the 90% figure?

Who knows for sure? The rules keep getting changed. They will probably change this retroactively just to make Drudge wrong.

 

[NutterButter]

He probably doesn't have health insurance because he wants to publicize the fact that he doesn't have health insurance.

or it could be because he has plenty of money and can afford to be self-insured.

Whichever....

And he can afford to pay the penalty and just get the insurance if he ever needed it since you can't be denied for pre-existing now. Until they start ratcheting up the penalties, it makes no financial sense to pay for insurance just to cover a few office visits a year at most.

 

[Joe T]

Potential reasons why some rich people do not carry health insurance:

1. They are healthy
2. They can afford medicial bills
3. The cash price at a hospital is usually cheaper
4. Health insurance is (very?) expensive for healthy people
5. [placeholder]
6. Or as Tim would have you believe, to publicize the fact that they don't have health insurance.

 

[brun]

Easy fix: go to a national sales tax and eliminate all of this income estimation/withholding BS once and for all.

^ this

Not a big fan of sales taxes. If it's applied across equally all purchases it seems to put a disproportinate burden on lower income people. It requires merchants to become tax collectors (without compensation). Some will still avoid paying their full share by bartering.

I'm sure I'd get used to it, but experiencing a sales tax like they do in Canada (GST + Provncial, or the HST, which result in sales taxes of 12-15%) would be weird.

Maybe a sales tax that is limited to, or a higher rate for, certain luxury items is worth considering. However, I imagine that would just be in addition to, not instead of, income tax.

Of course my POV is influenced by living in New Hampshire.

They already are in states that have a state income tax.

I think you meant "sales" tax. Still I understand your point. However, the fact it exists in some states right now, and apparently is acceptable to others such as yourself, dosen't mean it's something I agree with.

 

[The Goat]

The only thing I can say for certain is that Matt Drudge should not wear that hat.

 

[Rayderr]

Easy fix: go to a national sales tax and eliminate all of this income estimation/withholding BS once and for all.

^ this

Not a big fan of sales taxes. If it's applied across equally all purchases it seems to put a disproportinate burden on lower income people. It requires merchants to become tax collectors (without compensation). Some will still avoid paying their full share by bartering.

I'm sure I'd get used to it, but experiencing a sales tax like they do in Canada (GST + Provncial, or the HST, which result in sales taxes of 12-15%) would be weird.

Maybe a sales tax that is limited to, or a higher rate for, certain luxury items is worth considering. However, I imagine that would just be in addition to, not instead of, income tax.

Of course my POV is influenced by living in New Hampshire.

They already are in states that have a state income tax.

I think you meant "sales" tax. Still I understand your point. However, the fact it exists in some states right now, and apparently is acceptable to others such as yourself, dosen't mean it's something I agree with.

yes. my mistake there. Most states have a state sales tax. So for us, it's the norm. Ohio's is interesting and it taking me a bit to get used to. grocery items are not taxed. Prepared foods (i.e. restaurants) are not taxed if they are "to go" items. Only in restaurant items are taxed (and yes, very often you will see people say "to go" and then eat in the restaurant) And some items that are high in sugar are taxed. I think something with those guidelines would work for a national tax as it would help keep the burden off the poor.

 

[humpback]

According to wikipedia's entry on Matt Drudge:

As of 2007, he owns two properties in Miami – a $1.4 million Mediterranean-style stucco house on Rivo Alto Island,[2] and a $1-million-plus condominium in Miami's Four Seasons hotel.[6] By early 2009, Drudge earned millions of dollars a year, travelled extensively (Israel, Las Vegas, Geneva), moved to another property in Miami and had become reclusive.[12] In 2003 he named his one indulgence, apart from travel, as his Corvette.[27]

Seems weird for somebody that well off to not have health insurance. He seems like a pretty strange dude though.

Why?

I would think people that can easily afford to insure themselves against costly stuff typically do. I'd also be surprised if he lacked homeowners insurance or car insurance.

But I guess it's possible I'm wrong -- if you're really rich you can afford to just pay stuff out of pocket even if you get some sort of expensive medical condition. And he doesn't seem to have a family, so maybe he figures he's low risk. I still find it sorta surprising.

The odds are he'll be better off financially without it.

 

[Hang 10]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

Yes, technically they do. But given their earnings it's still amusing. You just don't usually think of people who earn several millions a year (in Rush's case a lot more than that) as small business owners.

How much should small business's earn?

 

[Sarnoff]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

Yes, technically they do. But given their earnings it's still amusing. You just don't usually think of people who earn several millions a year (in Rush's case a lot more than that) as small business owners.

How much should small business's earn?

"At some point, you've made enough money"

 

[quickhands]

I liked how Rush referred to himself and Drudge as small businessmen.

oesn't small business refer to number of employees? Isn't this determined based on how the government looks at them?

 

[Rayderr]

I liked how Rush referred to himself and Drudge as small businessmen.

oesn't small business refer to number of employees? Isn't this determined based on how the government looks at them?

What is SBA's definition of a small business concern?SBA defines a small business concern as one that is independently owned and operated, is organized for profit, and is not dominant in its field. Depending on the industry, size standard eligibility is based on the average number of employees for the preceding twelve months or on sales volume averaged over a three-year period. Examples of SBA general size standards include the following:

• Manufacturing: Maximum number of employees may range from 500 to 1500, depending on the type of product manufactured;
• Wholesaling: Maximum number of employees may range from 100 to 500 depending on the particular product being provided;
• Services: Annual receipts may not exceed $2.5 to $21.5 million, depending on the particular service being provided;
• Retailing: Annual receipts may not exceed $5.0 to $21.0 million, depending on the particular product being provided;
• General and Heavy Construction: General construction annual receipts may not exceed $13.5 to $17 million, depending on the type of construction;
• Special Trade Construction: Annual receipts may not exceed $7 million; and
• Agriculture: Annual receipts may not exceed $0.5 to $9.0 million, depending on the agricultural product.

 

[Hang 10]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

Yes, technically they do. But given their earnings it's still amusing. You just don't usually think of people who earn several millions a year (in Rush's case a lot more than that) as small business owners.

How much should small business's earn?

"At some point, you've made enough money"

They should use some of their obscene profits to employ more people and pay for their health insurance.

 

[Leroy Hoard]

I liked how Rush referred to himself and Drudge as small businessmen.

They both run small businesses.

You mean they are not short?