Taxes Part II: What Is a 'Fair' Income Tax Rate?

The history of taxation in American has a long and infamous history. Since the imposition of the very first tax --- The Navigation Tax of 1651 --- taxes have been wildly unpopular in America. When the Constitution was written and ratified, the only taxes allowed were to pay the debt and provide for the common defense and general welfare. At times, taxation was implemented during wars to fund the government and the war effort, with no intention of becoming permanent. However, since 1913, the United States of America has adhered to a communist plank second only to the abolition of all private property: a progressive or graduated income tax.

What purpose does an income tax serve? In our four-part series on taxes, we'll explore its history in America and how a tax once promised to never climb above seven percent has, at times, ballooned to 77 percent at the hands of an out-of-control government.

Part II: What Is a 'Fair' Income Tax Rate?

Americans hear the refrain "fair share" virtually every day from left-wing sources like socialist Bernie Sanders and progressive Hillary Clinton who believe businesses and the rich must pay their fair share of taxes.

So what is the fair share for the wealthy? It's nearly impossible to pin the left down on an actual number. According to them, it's simply more --- more than the 42.6 percent in federal taxes currently being paid by those in upper income brackets. It's apparently entirely fair to the left that 50 percent of Americans right now pay zero federal income tax, and some even enjoy what's called a negative tax rate.

FDR told Americans paying higher taxes was a privilege. He also believed, at a times of great national danger, no American citizen ought to have a net income of more than $25,000 a year after paying taxes. It seems reasonable to assume that Karl Marx would have agreed. The outrageously high taxes throughout the '30s and the '40s certainly didn't help America pull out of the worst depression in American history.

As it stands now in the United States, the top one percent of wage earners, those who are continually disparaged by the left in America, bring home nearly 18 percent of the nation's income. But they pay 35 percent of all federal income taxes. That would seem, to some, almost double their fair share.

So what happens when the tax rate is raised significantly? Study after study has shown that when taxes are lowered, it stimulates the economy and brings in more revenue. For example, during the Roaring Twenties, tax rates were slashed dramatically, dropping from over 70 percent to less than 25 percent. Personal income tax revenues increased from $719 million in 1921 to $1,164,000,000 in 1928, an increase of more than 61 percent. Increasing taxes also hurts the tax base, as oftentimes people and businesses flee higher tax states for lower tax states.

In 2012, French socialist candidate for president, Francois Hollande, proposed a massive 75 percent income tax on the wealthiest citizens. It didn't go over well with some of France's most well-known millionaires. French actor Gerard Depardieu was personally handed a new Russian passport by the President Vladimir Putin after Depardieu was granted Russian citizenship. The tax revenue from the super tax was down significantly from the first year to the next, while the deficit skyrocketed another $97 billion. In January of 2015, the French government quietly killed the tax.

Unfortunately, historic lessons once learned have been unlearned. Instead, the mindset is now this very much in step with the socialist and communist planks of punishing the wealthiest producers with the highest taxes --- completely antithetical to the Founders' position on taxation.

Listen to the Full Series on Taxes

Part I: How Income Tax Began

Part II: What Is a 'Fair' Income Tax Rate?

Part III: The Reagan Years

Part IV: The 2016 Candidates

President Joe Biden and world leaders are spending the week discussing the biggest issues across the globe. But Mike Pompeo, former Secretary of State during the Trump administration, believes more needs to be done.

Pompeo joined the "Glenn Beck Radio Program" Tuesday to talk about President Biden's upcoming meeting with Russian president Vladimir Putin, and to explain why he believes it's not just "appropriate," but necessary to hold Putin accountable for the recent cyberattacks on the Colonial Pipeline and the JBS meat processing company.

Pompeo said it's likely that "at the very least" Putin turned a blind eye to the major attacks against U.S. infrastructure. He stressed that the Biden administration should not abandon private businesses in the face of these ransomware hacks, but rather do everything possible to make sure those businesses' assets are secure from future invasions.

"This is an attack on America," Pompeo said. "It came through an attack on a commercial enterprise, but the capacity for pipelines to move product around on our east coast is an American national security interest.... We have to help these businesses protect their systems, and then there has to be a national effort to impose costs on those who put American lives at risk by denying available product around our country.

"Putin, at the very least, is turning a blind eye to [the cyberattacks], probably more. So, it's appropriate to hold Vladimir Putin and the Russians accountable for the actions taking place inside of their country," he added. "We have to do it, and there are tools by which we can."

Watch the video below to catch more of the conversation:

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On "The Glenn Beck Radio Program," Glenn read from the Bible's II Timothy 3, in which Paul warns of "perilous times" to come and describes a generation that will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, without love, unforgiving, and the list goes on. Sound familiar?

But Glenn said the times we're facing — which will likely become more and more difficult — are not any graver than what our Founders faced. We can overcome, and while it won't be easy, it will be worth it.

"Just like George Washington and the badge of merit, we will not be able to conquer this evil unless we are on God's side. If we don't have Divine Providence, we will not be able to survive. The things that are arrayed in front of us, are no greater no less than what our Founders had arrayed against them," Glenn stated.

"So, what will we do? You must make those decisions, as a family, right now. What is the line for you that you and your family will not cross? Because if you don't know it now, you will cross it," he warned. "You have to speak out, be that voice. You have to be strong enough to lead."

Glenn went on to thank and praise his audience, saying, "This is the kindest, most generous audience I have ever encountered."

"You will stand. This audience could be the extra 5% that is needed to change things, for the better," he added. "We have great and glorious times, when I believe we will see the hand of God. We will see miracles. Expect them. And live in such a way where you can call them down."

Watch the clip to get Glenn's take on what's coming next and how to prepare yourself and your family.

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How many times must the corporate media get something completely wrong — and attack anyone who dares to disagree — before we realize who they have become?

On the radio program Friday, Glenn Beck shared an article from the Daily Caller titled, "Eight Anti-Trump Narratives the Media Finally Had to Admit Were False All Along." From the Lafayette Square controversy to the denial that COVID-19 could have anything to do with a lab in China to the "Russian bounties" story, the list of mainstream media conspiracy theories goes on and on. If it were anyone but the liberal media who got the facts this embarrassingly wrong, they would have been out of a job long ago.

Watch the video clip below to hear eight of the most anti-Trump the narratives shamelessly pushed by the media — that were completely wrong.


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Former President Barack Obama sat down with CNN's Anderson Cooper recently for an interview scheduled to air in full on Friday. During the interview, Obama scoffed at the idea that critical race theory could be a "threat to our Republic," while claiming that "right-wing media venues" are "stoking the fear and resentment of a white population."

On the radio program Wednesday, Glenn Beck set the record straight: the right-wing media's efforts to call out the far-left have nothing to do with race in America, but rather everything to do with protecting our way of life that is being threatened more and more each day by the radical, Marxist ideology seeping into government.

"Mr. Obama, you lied," Glenn asserted. "You used the IRS to hunt down your enemy. You spied on the media. And your health care package, which was supposed to save every American $3,000 per year, has helped some, perhaps, while raising the cost of everyone's health care in double and triple percentages. But the worst thing that you did, is you planted, you watered, and you protected the Marxist seeds, by crying race."

Watch the video clip below to hear more from Glenn:

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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.