According to Variety, Taylor Swift’s boyfriend, Travis Kelce, used the president’s renewable energy tax credits from the Inflation Reduction Act to finance the film “My Dead Friend Zoe.” He is the executive producer of a dark comedy using our tax money.
“The Inflation Reduction Act, which was passed in August 2022, marks “the single largest investment in climate and energy in American history, enabling America to tackle the climate crisis, advancing environmental justice, securing America’s position as a world leader in domestic clean energy manufacturing and putting the United States on a pathway to achieving the Biden-Harris Administration’s climate goals, including a net-zero economy by 2050,” according to the U.S. Department of Energy’s web site. “My Dead Friend Zoe” used money generated by green energy entrepreneur Mike Field’s sale of surplus tax credits. (Field is also a producer on the film.),” reports Variety.
The Inflation Reduction Act is a typical Democrat vote-buying Act.
While we are financing new careers for rich people, the Inflation Reduction Act raised Medicare prescription drug premiums by 21%. The Act only helps one in ten seniors, while the rest will pay higher premiums. The reason is that the IRA diverts over $200 billion of Medicare prescription drug savings to fund green energy. That takes care of the savings.
Meanwhile, we are funding a career change for Kelce, who owns eight car dealerships and makes $14 million a year.
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He’s not to “Swift.”
I prefer to refer to the guy as one of the greats in football, not as her side piece.
It is also legal and ‘ethical’ as most business’ have used that energy credit for legitimate reasons, some not.
Even Kelce has paid his share of fed and other taxes to be entitled to use that credit. His 20% share risk in that film could be lost if it’s a dud. These guys who earn big $$ use financial advisers to invest, as generally, they are not trained in that.
it’s trending at the moment to trash Kelce, young guy being a young guy but for sure looking to his future as many athletes nearing retirement do not. Doubt he is up on or even cares about the green energy scam.
Further, IF in fact he owns 8 car dealerships, he likely has partners and was advised so as an investment. Doubt he runs them.
$14M/year salary getting his brain bounced and body beaten up for months, the pressure/stress..out of that $14M comes big taxes, employees, advisers, investments, savings, etc., and a lifestyle that most of us would pay for with his restricted “allowance”
dictated by his money managers.
I sorta know about these things as I
once almost married a head coach for the LA Rams. Glad I left that there, lol – too hard a life.
Oops Popeye, didn’t mean to hit Reply to your comment. I meant my reply to be in relation to the article as written.