Free Republic

Before anybody can claim that I am circulating a conspiracy theory, or citing an unreliable “news” source, I am going to quote President Biden’s State of the Union address and his own website (whitehouse.gov) as the sources of this information. I will then encourage readers to circulate this information as widely as possible via social media, letters to the editor, and talk radio to educate the public between now and Election Day. The State of the Union address says in part, “Under my plan nobody earning less than $400,000 will pay an additional penny in federal taxes. ... It’s time...

Although it sounds too far-fetched to be true, Americans don’t actually own the stocks, bonds, mutual funds, and other assets held in common retirement vehicles such as Roth IRA and 401(k) accounts. In reality, Americans own what are called “security entitlements.” Back in the old days, before digitalization fundamentally transformed the mechanics of financial transactions, this was not the case. But that was then. This is now. Most Americans have probably never heard of the Uniform Commercial Code (UCC), which is “a comprehensive set of laws governing all commercial transactions in the United States.” Even fewer Americans are familiar with...

Taylor Swift's boyfriend Travis Kelce is making his Hollywood debut as a film producer. Not only will the film be produced by the Super Bowl-winning Kansas City Chiefs tight end, but it will be financed using green energy tax credits courtesy of the Biden administration's signature bill the Inflation Reduction Act. The $739 billion spending plan in the Act raised taxes for everyone except those earning between $10,000 and $30,000. The film, "My Dead Friend Zoe," will star Natalie Morales, Ed Harris, Morgan Freeman, and Sonequa Martin-Green, per Variety. Despite its catchy name, the Inflation Reduction Act was primarily a...

Chief suspect for the knife attack has been detained and had sustained wounds believed to be self-inflicted A major security incident left several people, including at least three children, with injuries in Dublin’s north inner city. A person of interest has been identified and a large knife has been seized at the scene on Parnell Square East. Gardaí have sealed off the scene. The Irish Times understands at least three children have suffered suspected stab wounds, though some sources said that number may rise as more information is confirmed. The chief suspect for the knife attack has been detained...

Riots erupted in Dublin on Thursday after children were stabbed outside a school amid rumors that the assailant is a foreign national, according to Raidió Teilifís Éireann, Ireland's public media outlet. The violence began when a man approached children outside a school and began stabbing them, leaving a 5-year-old girl and a woman in her 30s with serious injuries.

Sen. Joe Manchin (D-W.Va.) on Wednesday said he will keep up his battle against the Biden administration and officials who seek to “undermine” the Inflation Reduction Act (IRA) as part of their “radical climate agenda” on the first anniversary of it being signed into law. The West Virginia moderate, in a lengthy statement on the anniversary of the IRA being signed into law, praised parts of the legislation, which he helped author. Manchin lauded the IRA as “one of the most historic pieces of legislation passed in decades,” especially for middle- and working-class families. He also hailed its work to...

FIRST ON FOX: A large bipartisan coalition in the House is introducing legislation Friday that would reverse a provision in the Inflation Reduction Act (IRA) targeting oil and gas producers. The Promoting Domestic Energy Production Act - authored by Reps. Mike Carey, R-Ohio, and Vicente Gonzalez, D-Texas, and joined by more than a dozen fellow members - would aim to ensure the oil and gas industry is able to enjoy the same tax benefits as other capital-intensive industries. Specifically, it allows companies to receive tax deductions on intangible drilling costs (IDC). "American energy independence is neither a right nor left...

Dedicated viewers of Fox News are likely familiar with Lear Capital, a Los Angeles company that sells gold and silver coins. In recent years, the company’s ads have been a constant presence on Fox airwaves, warning viewers to protect their retirement savings from a looming “pension crisis” and “dollar collapse.” One such ad caught the attention of Terry White, a disabled retiree from New York. In 2018, White invested $174,000 in the coins, according to a lawsuit by the New York attorney general — only to later learn that Lear charged a 33 percent commission. Over several transactions, White, 70,...

Shortly after President Joe Biden offered tax credits to anyone buying solar panels, a Colorado homeowner named Stacie took out loans to install $30,000 worth of panels on her roof. Nearly six months later, however, those panels sat unused, generating no power. The problem seemed to have a simple fix: Stacie's energy provider merely needed to hook the panels up to its power grid—but there's no room. Increased demand driven by Biden's green subsidies, combined with inadequate power grid capacity, has left thousands of green energy projects like Stacie's without power, rendering them useless. "When you put out $30,000, you...

President Biden, during his visit to Ireland this week, took a selfie with a controversial Irish nationalist who had once been banned from British airwaves due to his role as the public face of the Irish Republican Army. Gerry Adams, who is a former leader of Irish republican party Sinn Fein, took a selfie with Biden on Thursday. "A presidential selfie," he tweeted. Adams was president of Sinn Fein between 1983 and 2018. During the height of the IRA’s terrorist bombing campaign in the 1980s and 1990s, as part of its efforts to end British control over Northern Ireland, Sinn...

A security scare shadowed President Biden’s trip to Northern Island on Wednesday after a top-secret document containing the itinerary for his visit to Belfast and information about his protective detail was found in the street. A passerby discovered the police paper, which detailed where the president was staying in Northern Ireland as well as the phone numbers of the Police Service of Northern Ireland officers in his security detail, BBC Radio Ulster reported.

MI5, the United Kingdom’s domestic counterintelligence and security agency, has raised the terrorism threat level in Northern Ireland from “substantial” to “severe,” meaning an attack is highly likely. The decision, announced by UK Secretary of State for Northern Ireland Chris Heaton-Harris on Tuesday, comes days before a possible visit to the country by President Biden. Biden’s visit would coincide with the anniversary of the Good Friday Agreement, also known as the Belfast Agreement, which brought an end to decades of sectarian violence between Irish republicans and unionists. Heaton-Harris told CNN that the move was made after an uptick in “activity...

Iran has jailed for six and a half years on national security charges an Irish-French citizen held since October, his family said, adding that health problems meant his life was in danger. Bernard Phelan, a Paris-based travel consultant, was arrested in October in the northeastern city of Mashhad and has been held ever since. He is one of some two dozen foreigners jailed in Iran who campaigners see as hostages held to extract concessions from the West.

Joe Biden is opening the door for the investment management companies that handle the retirement funds of 152 million Americans to no longer seek the best financial returns, but instead fund companies, like Solyndra, that pledge to advance the progressive agendas encapsulated in the expression ESG (Environmental, Social and Governance). The New York Post editorially warns us: "Don't let Biden & Co. force YOUR nest egg to be invested in woke-only companies."A new Biden Labor Department rule aims to steer the retirement funds of 152 million Americans toward companies with woke policies on climate change and other "environmental, social and...

Relatives of those killed in a Loyalist massacre in Derry 50 years ago today will gather tonight to remember their loved ones. Charles Moore, Frank McCarron, Michael McGinley, Barney Kelly and Charlie McCafferty were shot dead as they enjoyed a drink in Annie's in the Top of the Hill area of Derry, just five days before Christmas in December 1972. There will be a special Remembrance Mass at 6pm this evening (Tuesday) at St Columb’s Church on Chapel Road. It was from this same church that some of the victims were laid to rest following Requiem Mass in the days...

(No search results) The United States will auction nearly one million acres off the Alaskan coast for new oil and gas drilling in December, mandated in the so-called “Inflation” Reduction Act (IRA). The United States Bureau of Ocean Energy Management (BOEM), inside the Department of Interior, will put hundreds of thousands of acres off Alaska’s southcentral coast up for auction on December 30 for new oil and gas drilling projects. The lease sale has to be completed by the end of the year to comply with the IRA, which was added to the piece of legislation to win support from...

Ben Franklin once said that “nothing is certain except death and taxes.” But for retirees in part of the U.S., his observation doesn’t hold up — at least with respect to income taxes at the state level.The major sources of income for many retirees include Social Security, 401(k) plans, and Individual Retirement Accounts (IRAs). In most states, at least part of this income is taxed. However, here are 12 states that don’t tax these types of retirement income.States with no income tax at all Let’s start with the states that don’t tax retirement income or any other type of income....

For as long as there have been politics there have been deals.Of course, it is illegal to trade one's vote for cash, but those with the power to dispense patronage, projects, and promotions have a unique advantage in seeking the support of those whose endorsements can tip the balance for any given issue.It is unprecedented, however, when the stakes have become so high that these kinds of backroom deals can disrupt an election or even plunge a nation into an unrecoverable cycle of debt and economic despair.That is why the "Inflation Reduction Act of 2022" that has come out of...

The Internal Revenue Service 'mistakenly' posted the names, contact data and financial information from about 120,000 taxpayers' retirement accounts. The US Treasury Department determined that a human coding error allowed the confidential information to be posted on the IRS' website before it was taken down, the Wall Street Journal reported. Among the information published were the names, contact information and finances of individuals who submitted 990-T forms regarding their IRA plans. On Friday, the Treasury assured Congress that Social Security numbers, full income information and other key pieces of financial data were not published and that those affected would be...

The Democrats’ massive climate spending package, which President Joe Biden signed into law on Tuesday, will give over $40 billion to the Environmental Protection Agency (EPA), just as the bill allocates almost $80 billion to expand the Internal Revenue Service (IRS). The bill, dubbed the Inflation Reduction Act, includes $369 billion in total climate spending, and will give the EPA more than $40 billion in the current fiscal year to combat climate change, enforce environmental standards and secure “environmental justice,” according to a Congressional Research Service report. The EPA’s enacted budget for 2022’s fiscal year was about $9.5 billion, according...