New taxes for the new year in 'fiscal cliff' deal

If New Years day is any prediction of how 2013 will go, things aren't looking good for the wallets of American citizens…or the economy.

After months of scaring the public of the infamous "fiscal cliff", Congress, at the very last second possible, came to a "deal". And despite what the mainstream media and Congress seem to be leading most of the country to believe, your taxes are probably going up.

Most Americans will face higher federal taxes in 2013 — about 77% according to the Tax Policy Center. While the tax package Congress passed on New Years Day will protect 99% of Americans from an income tax increase, this legislation did nothing to prevent the Social Security payroll tax reduction from expiring. This 2% cut was worth about $1,000 to someone making $50,000 a year.

Along with an increased payroll tax, individuals making over $400,000 ($450,000 for married couples) will now being paying a federal income tax rate of 40% — up 5% from the rate under the Bush tax cuts. Many of the individuals now facing these higher tax rates are innovators and business owners who create jobs. But now, instead of putting 5% of their income into innovation, new jobs, and economic growth, it will go directly to the federal government.

And if you're thinking, 'well, if they gave in on tax increases for the wealthy, the GOP must have gotten some decent spending cuts in the deal,' think again. For every $41 dollars of tax increases in the bill, there is a measly $1 in spending cuts.

But with Obama's recent re-election and all of his rhetoric about everyone paying "their fair share", you'd be lead to believe that there is an overwhelming amount of support for the policies in this so-called 'fiscal cliff deal' supported by the president and Democrats in Congress. This morning on radio, Glenn put the president's fiscal plan and the definition of "fair share" into perspective.

"40% of their [the wealthy's] income now goes directly to the federal government and the waste in Washington. Now how much does the average person say is fair?" Glenn asked. "'Pay your fair share', that's what the president always says, and this is why he always says it this way:  'It's time that people pay their fair share'.  What is their fair share?"

That's the question the Democrats never answer.

"The average American says, 'I think the top tax rate should be under 20%'," Glenn told listeners.

So 1/5th of Americans believe the highest tax rate should be under 20%, but what about the other 80%. They're obviously in full support of increasing taxes the rich, right?

Not exactly.

21% of Americans believe the top tax rate should be no higher than 20%; that's makes 38% of Americans with the opinion that the highest rate should be 20% or less.

23% of Americans believe that 25% should be the highest rate.

Only 14% of the American public think a top rate of 30% is fair.

That's now 75% of Americans that believe the top rate should be 30% or lower. But remember, at a top rate of 35% — the top tax rate under the Bush tax cuts before the deal that was passed yesterday — the president said the rich were not paying their fair share.

"Only 13% of Americans think that is reasonable," Glenn pointed out.

That puts President Obama out-of-step with 88% of Americans, yet he and the press are declaring a deal that put the top tax rate at 40% a victory.

"And he's saying that's what Americans wanted him to do," Pat commented.

But how many Americans actually believe a 40% top tax rate is reasonable? 4%. And over 45% is only 2% of Americans.

"So at 40% and above you've got 6% of America who thinks that's fair; 6%.  And that's where we are now," Pat recapped. "That's crazy."

"But if this is true, and I believe it's true, how is this guy still the president of the United States?"

Glenn, Pat and Stu all had answers: the media, ignorance, ignorance because of the media, and of course, the current state of our culture.

"Nobody cares anymore.  I'll tell you this society is sicker than I thought it was.  And it has nothing to do with the fiscal cliff or anything else," Glenn said.

That's the battle facing conservatives, and winning it is the only way to put a stop the massive growth of government, wasteful spending and tax increases.

"It is amazing to me, truly amazing to me, how far gone we are without even knowing it. Because the press does not do their work. The press just doesn't do their job. The school system has indoctrinated our kids so far. It is ‑‑ it is beyond saying where we were in November, "Wow, we've lost the public in Washington.  We can't ‑‑ we lost Washington. We thought we had maybe some hold on Washington, you know, five years ago. No. That was a total lie. Then we thought, okay, we could just make a case and we could get people to understand but, no, that's not it. Because of the media, that's not even true. But it's not even the media — it is the educational system. But it's not even the educational system. That's where we left you. It's not just the educational system. It's the entire culture. The evil that we seek to avoid is in our own home now, and it is about to turbo."

So where do we go from here? Glenn is focusing on solutions this year, and it all starts tonight on his first show of 2013. Make sure to tune in at 5pm ET on TheBlaze TV.

Glenn Beck: Here's how YOU can fix the Great Reset's housing crisis

Photo by H. Armstrong Roberts/Retrofile/Getty Images

How's the housing market looking these days? Because under Build Back Better (aka the Great Reset), investors are grabbing up homes at a record pace.

On "The Glenn Beck Radio Program," Glenn discussed a recent Redfin News report, which shows that almost one in five homes sold in the U.S. during the third quarter of 2021 was purchased by an investment firm, and many are paying tens of thousands of dollars over the asking price.

"Think of that, one in every five homes that are sold are going to a big investment firm," Glenn said. "Investors bought more than 90,000 homes, totaling more than $63 billion, representing 18% of all homes sold in the quarter. The numbers broke all records."

"The same factors have pushed more Americans to rent, which also creates opportunities for investors, because investors typically turn the homes they purchase into rentals," he continued. "And now they can charge higher rents. Rent for single-family homes surged by more than 10% in the 12 months, through September. The fastest annual rent inflation in 16 years."

"And nearly 77% purchased were bought in an all-cash transaction," Glenn added. "That's not your average person. These investment firms, like BlackRock, are going in and buying entire neighborhoods. They are the people that come in, and say, 'I'll give you $70,000 over the asking price.' ... Now, why would investment firms think they will just be able to make money paying $70,000 over the asking price? What is it that they know, that you don't know? Could they know, as the Great Reset states, that by 2030, you will own nothing and you'll like it?"

Watch the video clip below to hear Glenn offer his thoughts on how you can solve the Great Reset's housing crisis:


Want more from Glenn Beck?

To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

On "Glenn TV" Wednesday, Glenn Beck exposes the radical plan to flip the United States from capitalism to socialism and into a lawless nation. It's an old strategy that mirrors a communist Cold War playbook. The goal now, as it was then, is this: How do they get a revolution without all that civil war stuff? It’s a five-step plan, and we're deep into several of the main steps RIGHT NOW.

Our justice system has been infiltrated by woke leftists, and something called "the progressive prosecutor movement" is methodically transforming Main Street USA into Main Street Gotham City. We can see it all over the country in places like San Francisco, with the Waukesha massacre as a terrifying glimpse into more of what's coming. And the media? They're currently running interference in one of the largest misinformation operations in history.

It’s happening at the city, state, AND federal levels. And President Trump might be one of the biggest victims of them all, a fact that even Trump critic Joe Rogan has realized on the Russia collusion hoax: “No one is being held accountable!” That ends now, as Glenn calls on Americans to push back on the lies that keep us divided in a cold civil war.

Watch the full episode below:

Want more from Glenn Beck?

To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

A "one-world government" is being formed right now and it’s called the Great Reset, Glenn Beck said on the radio program Monday. And now, rebuild plans for the fire-damaged Notre Dame Cathedral hint at the formation of a global church, too.

In this clip, Glenn detailed plans for the iconic, 850-year-old church’s "woke" renovations that sound more like a 'politically correct Disneyland' complete with a "discovery trail," "emotional spaces," and 14 themed chapels.

"Notre Dame is now being built back better as a 'woke theme park' dedicated to environmentalism and social justice," Glenn explained.

"There will be several different chapels within, [for example] a chapel for social justice, and then chapel for environmental justice," he continued. "Which leads me to this point. The 'one-world government' is being formed, right now. One-world government. It is being formed and it's called The Great Reset."

Glenn went on to predict that one of the first steps in the direction of a one-world government will be a push for a global religion.

"I think we're seeing the first church now being dedicated to the new global religion — and it is social justice, environmental justice, and all this gobbledygook. We all know, it's not just wrong, it is dangerous. That's the first church, the cathedral of Notre Dame, in France, is the first global church. Mark my words. Christian, Jews, Muslims ... this global church will bring darkness unlike you've ever seen."

Watch the video clip from "The Glenn Beck Program" below:

Want more from Glenn Beck?

To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

The Omicron COVID-19 variant: Should we ACTUALLY panic?

Photo by OLI SCARFF/AFP via Getty Images

As the new Omicron variant of the coronavirus approaches, it seems like those in power want everyone to be terrified, Glenn Beck argued on the radio program Monday.

The chair of the World Medical Association's Council, Frank Ulrich Montgomery, is already comparing the variant to Ebola and New York Gov. Kathy Hochul (D) has declared a state of emergency, despite the doctor who announced its discovery describing the new variant's symptoms as "unusual, but mild." So, should we really be worried or not?

In this clip, Glenn and producer Stu Burguiere reviewed what we know about the Omicron variant so far and gave a few reasons why we should wait for more information before succumbing to panic.

Note: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-related questions & concerns.

Want more from Glenn Beck?

To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.