Free Republic

The Biden administration's eleventh hour move to expand Medicare coverage for anti-obesity drugs is likely to be popular among seniors, putting the Trump administration — which would ultimately decide whether to carry out the expansion — in the hot seat. Why it matters: The buzzy class of drugs known as GLP-1 agonists have been hailed as game changers amid an obesity crisis tied to chronic diseases. But the drugs are pricey, and insurers, advocacy groups and policymakers warn that opening up coverage for them could be a recipe for runaway costs in an already financially taxed system. Driving the news:...

Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries. The data show they never fully delivered on his promised factory jobs. Nor did they provoke the avalanche of inflation that critics feared. This time, though, his tariff threats might be different. The president-elect is talking about going much bigger — on a potential scale that creates more uncertainty about whether he'll do what he says and what the consequences could be. “There's going to be a lot...

In a bold declaration, President-elect Donald Trump announced plans to impose sweeping tariffs on America’s largest trading partners, Canada and Mexico, along with additional duties on Chinese imports. These measures are set to take effect on his first day in office, underscoring his commitment to reshaping U.S. trade policy.Trump detailed a 25 percent tariff on all imports from Canada and Mexico, citing the ongoing issues of illegal immigration and the trafficking of illicit drugs like fentanyl. On Truth Social, he declared, “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge...

Elon Musk has hit out at the Labour government over its plans to hit some farmers with inheritance tax as those from the agriculture industry plan huge protests. Chancellor Rachel Reeves unveiled the new policy in the Budget, meaning that from 2026, inheritance tax relief for business and for agricultural assets will be capped at £1million. Many farmers are furious as this could see them hit with a huge tax bill when their farms are passed down to family members, even risking putting them out of business. But Prime Minister Sir Keir Starmer has defended the policy, saying he is...

Items your tax dollars are being spent on: -$100,000 to study if tequila or gin makes sunfish more aggressive -Nearly $1M to study if cocaine makes Japanese quail more sexually promiscuous -$750,000 to study if the moon landing line was “One small step for Man” or “One small step for ‘A’ man”— the study was inconclusive.

This example is about as Orwellian as one can find...It involves a proposed $15 vehicle tax for entering New York City.Please listen to New York Governor Kathy Hochul explain how she is saving taxpayers 40 percent in her Orwellian Video..@GovKathyHochul: "We’re saving you 40%" by starting to charge $9 to enter Manhattan instead of $15 as we originally planned; "this lower toll will save daily commuters nearly $1,500 annually." pic.twitter.com/rOWLY963j8 — Tom Elliott (@tomselliott) November 16, 2024Math Lesson from Governor Kathy HochulFrom day one, I have made affordability for New Yorkers a top priority. I always have and I always...

EXCLUSIVE — Over 800 Internal Revenue Service employees still owe millions in back taxes despite heavy criticism from Sen. Joni Ernst (R-IA), who is hoping the level of tax waste will be squashed by billionaire Elon Musk, the newly tapped co-leader of the Department of Government Efficiency. In a letter to the Iowa senator sent on Nov. 8 and shared exclusively with the Washington Examiner, the IRS noted that of the 2,044 employees who reported having balances totaling more than $12 million, 860 employees still have not paid overdue taxes. Only 20 of the 70 employees who “willfully evaded” paying...

Angry Chicago residents blasted Mayor Brandon Johnson's proposed $300 million property tax hike as a way to cover costs of dealing with migrants that have flooded the city over the past year. A heated city council meeting culminated in a unanimous rejection of the plan after locals expressed their fury in vicious outbursts at the mayor in . The furious residents accused Johnson, who has been branded the country's 'most hated mayor,' of prioritizing undocumented immigrants over the city's own citizens and resent paying more in property taxes.

Grand Total: $2.189 TRILLION of our Tax Dollars Wasted. List and Receipts Below The problem is not that we aren’t taxed enough— it’s that our government lights cash on fire Here is some absurd garbage your US taxes paid for: $1.2 Trillion Wasted - Interest on our National Debt Paid Annually PROOF: https://x.com/WallStreetSilv/status/1848464997526937666 $521 Billion Wasted - The Feds lose as much as $521 billion annually just due to acts of fraud PROOF: https://x.com/Blake_Hall/status/1831401750932369744

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What Donald Trump told Joe Rogan is correct: tariffs are the best way to raise federal revenue in a constitutional system like ours.On his blockbuster interview with Joe Rogan last Friday, Donald Trump discussed reverting the United States’ top revenue source to taxes on imports — tariffs — instead of the income tax.This was the greatest interview EVER!JOE ROGAN: “Did you just float out the idea of getting rid of income taxes and replacing it with tariffs? — Were you serious about that?”DONALD TRUMP: “Sure, why not?” pic.twitter.com/t7an2Mbe3j— Graham Allen (@GrahamAllen_1) October 26, 2024Trump went into American political history to...

I was never informed of this till I received an email from my accountant. A new Federal filing requirement for all incorporated and limited liability companies must be filed on or before December 31, 2024. Called the Business Ownership Information (BOI) report with the U.S. Department of the Treasury Crimes Enforcement Network (FinCEN). Disregarded entities are also required to file. Penalties for failure to file are $591 per day! You can also face an additional $10,000 criminal penalty and up to two years in prison. Please see the attached pdf. The link below is the site to register. https://www.fincen.gov/boi-faqs

The price of an $80 pair of blue jeans spiking to $90 or even $96. A pair of $90 gym shoes rising to $116. A $1,500 mid-tier couch rising to over $1,600. The rising costs of these three household items may seem like examples of Bidenomics at work over the last four years. But if that’s what you’re thinking, think again. These are the kinds of price increases American consumers can expect if President-elect Donald Trump proceeds with some of the tariff proposals he floated on the campaign trail this year, according to a new report from the National Retail...

Los Angeles County voters have chosen to pass Measure A, which will raise sales taxes by a quarter of a percent to fund homeless services. The referendum, which seemed in doubt until recently, passed with 57% support. CalMatters.org reported (original emphasis): Measure A, which is leading in the ballots counted thus far, would end the county’s existing quarter-cent sales tax for homelessness that was scheduled to expire in 2027 and replace it with a half-cent tax that would begin immediately and continue in perpetuity. That new tax is expected to raise $1 billion a year, and since it has no...

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every week. In 2018, Arizona voters overwhelmingly rejected school vouchers. On the ballot that year was a measure that would have allowed all parents — even the wealthiest ones — to receive taxpayer money to send their kids to private, typically religious schools. Arizonans voted no, and it wasn’t close. Even in a right-leaning state, with powerful Republican leaders supporting the initiative, the vote against it was 65% to 35%. Coming...

Just over 54 percent of Colorado voters approved on Tuesday Proposition KK, which contains an excise tax on the in-state sale of guns and ammunition. CBS News reported that roughly 1.3 million Colorado voters supported the proposition, while 1.1 million opposed it. The approved tax is 6.5 percent, which means the price of $400 firearm will rise $26 and the price of a $1,000 firearm will increase by $65 because of the new tax.

HELENA, Mont. – SBA Pro-Life America released the following statement in response to the passage of CI-128 in Montana. “We mourn the loss of lives and freedom in Montana with the passage of pro-abortion amendment CI-128,” said SBA Pro-Life America Western Regional Director Adam Schwend. “The abortion industry was able to run a deceptive campaign devoid of the truth by outspending the prolife side by an 83:1 ratio. The abortion lobby bought this election, tricking Montanans to put all-trimester abortion paid for by the taxpayer in the constitution by using their cash advantage to spread lies and fear. “We’re thankful...

Pro-life experts have sent out their final warnings to the 10 states that have abortion-related initiatives on the ballot. Family Research Council has put together a Life on the Ballot resource to help educate voters about what these measures entail in Arizona, Colorado, Florida, Maryland, Missouri, Montana, Nebraska, Nevada, New York, and South Dakota. “[W]hat’s so critical about these,” guest host and former Congressman Jody Hice stated, is that they “are constitutional referendums” that enshrine abortion as a fundamental right in these state’s constitutions. “[C]ertainly,” he added, “all Bible-believing Christ followers in those states [need] to go out and vote...

It was a stroke of good fortune for the Trump campaign that he was able to become a McDonalds fry cook this year before robots pushed all the humans out of the kitchen.

A closed-door meeting of left-wing non-governmental organizations (NGOs) was held on January 16, 2003, in Washington, D.C. to consider how to apply international financial pressure through a global tax on the U.S. Bruno Jetin, a representative of ATTAC France, spoke to the gathering and acknowledged in private conversation that his group works hand-in-glove with the French Communist Party and the "Socialist parties on the Left." A representative of the embassy of France in the U.S. was listed as a participant. ATTAC stands for the Association for the Taxation of Financial Transactions for the Aid of Citizens. The International ATTAC Movement...