Posted on 01/16/2021 1:14:42 AM PST by Texas Fossil
The National Rifle Association is shotgun-divorcing New York and hightailing it to Texas, its CEO announced Friday.
The gun lobby is “breaking free from the toxic political environment of New York,” NRA CEO Wayne LaPierre said in announcing its decision to reincorporate in the Lone Star State.
“The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas.”
The move was announced as the group filed for Chapter 11 bankruptcy, Bloomberg reported.
The bankruptcy will allow the NRA to keep operating while working out plans to repay creditors — with the important side benefit of pausing all pending litigation, Bloomberg noted.
James seeks to dismantle the organization.
LaPierre is also currently under investigation by the IRS for potential criminal fraud linked to his personal taxes.
“Under this plan, we seek protection from New York officials who illegally abused and weaponized the powers they wield against the NRA and its members,” the statement said.
“You can be assured the Association will continue the fight to protect your interests in New York – and all forums where the NRA is unlawfully singled out for its Second Amendment advocacy.
“You know that our opponents will try to seize upon this news and distort the truth. Don’t believe what you read from our enemies,” LaPierre’s announcement added.
(Excerpt) Read more at nypost.com ...
Thieves have gotten the key to the vault.
Certainly a good move but what still surprises me is how long “the frog stays in the slowly boiling water”.
It just takes people so long to clue in they are being targeted for destruction. Take for example anyone who currently has a facebook or twitter account.
JoMa
Lots of businesses and people are leaving New York. Liberals who are running the state and city into the ground are too stupid to see what they’re doing. Just another Democrat disaster.
I doubt a national organization would put a state’s name in it; just bad marketing - and they may be forced to move on eventually.
They know what they are doing; they are pushing out Americans and replacing them with ThirdWorlders with no concept of the Bill of Rights and such. Don’t worry, wealth transfers via the “safety net” will create the faux economy that carries many cities on a statewide scale.
The NRA is not broke and Wayne L recently returned $300K in overcharges to NRA. Also, Chris Cox is being sued by NRA for $1 Million in overcharges. He is fighting it. Ollie North also facing suit from NRA.
Some people moving to Tennessee because State now officially a”No State Income Tax State.” No tax on investment income anymore. I have actually considered such a move.
Part of the fight for “NRA survival” (our FReedoms) will be States standing up to the Feds. If the States cave, we go down with them.
We’ve been here 11 years. When we came, there was a hefty tax on investment income. Over the last few years that has incrementally decreased, and now it’s gone.
The “no state income tax” was a good enticement to come here. We also were looking for a Bible Belt conservative area, and eastern TN filled that bill. We loved the landscape which is almost a twin to the area where my family is from, rural southwestern NY (”southern tier”); and similar people, politics, and lifestyle.
Luckily, Hubby was hired at a company here, so it was easy to segue into retirement life.
A mere pittance of what he's stolen. And he only returned it because he got caught.
That thief spends $250K/yr on clothing alone. Paid for out of NRA funds as a business expense.
The NRA is not broke
What is it about "bankruptcy" you don't understand?
3-piece suits are cheaper in Texas.
I’m good as long as Wayne is shown the door and replaced. He has squandered NRA finances unnecessarily.
What about Chapter 11 do you not understand? Have you flown on a plane lately?
If you have evidence LaPierre stole $ from NRA please come forward with it.
The NRA is not moving to Texas, merely reincorporating in Texas. Should have done this years ago. Laxity on part of NRA HQ.
I thought the NRA was in Virginia, out on I 66 and not in DC
Just leave Wayne. Take your cronies with you. You’ve lined your own pockets to the tune of millions. Enough.
NRA Headquarters is in Fairfax, VA.
The NRA is incorporated in NY. I suppose it began in NY.
Yes, It is true.
And remember what they did to Roger Stone and his wife when they arrested him? The FBI was acting communist even then.
I heard a lot about the Roger Stone witch hunt and read about her being put in the hospital by a mostly peaceful Leftist.
But I don’t remember hearing about how the FBI treated her I’ll look it up. Thsnk you.
The issue is about the State of NY taxes on the NRA.
And they are being treated like other “targeted” organizations that the state of NY wants destroyed. It is the way Communists do things. (Closer to Fascist)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.