By doing this the DNC avoids paying taxes on the contribution and the insurer avoids gift taxes and can write of the contribution as a business loss.
And of course, it's not like the IRS is going to do anything about that, either. Because...Democrats.
posted on 06/16/2013 6:33:39 AM PDT
(The Fourth Estate is the Fifth Column.)
To: Riley; Gen.Blather; rightwingintelligentsia; Ann Archy; MNGal
When you think about it, it is exactly what the Dims have wanted for decades; government financed campaigns. The insurer gets back their money in reduced tax burden.
posted on 06/16/2013 6:41:05 AM PDT
(The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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