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The GOP Is Poised to Pass Tax Reform – but Will It Help?

December 01, 2017
 Staff

WRITER

Glenn was blunt about his feelings on the Senate Republicans’ plan for tax reform on today’s show: “This is an abomination, but I’ll take it.” If Republicans can’t give us something better, we’ll take what we can get, right?

Sen. Jeff Flake (R-Ariz.) said at noon today that he would vote in favor of the tax reform plan, giving Republicans 50 votes to pass the legislation along with a tie-breaker vote from Vice President Mike Pence.

Want to learn more about the bill? Sen. Mike Lee (R-Utah) was on the show Thursday to talk about it, and you can listen here.

This article provided courtesy of TheBlaze.

GLENN: Bill O'Reilly from BillO'Reilly.com.

Let's switch to another worthless topic on -- on Congress. The tax bill. They now have 49 out of the 52 senators. Are they going to be able to pass this today?

BILL: Yes, they will. They'll make some other tweak to get one or two more on board. And, you know, it shouldn't be this hard. But, you know, again, you're dealing with a body that is not looking out for the folks, in my opinion. It's all about them.

And, you know, once you get into that zone, it's hard to get anything done --

GLENN: How can they be so myopic, where they are -- where they are getting these giant -- these giant breaks. And I'm for the business tax going down. I'm absolutely for it.

BILL: Yeah. Uh-huh.

GLENN: But then to not give the break to the average person is nuts! Is nuts!

BILL: Well, they are though in a sense that if you -- if you really analyze the bill, it does help the working class in America. I mean, it's not fantastic --

GLENN: It does help.

No.

BILL: But it's something. And then the thinking is -- the wisdom is that when you stimulate the economy to this extent and you mentioned it at the top of the hour, that there will be more jobs available for everybody. And then the market will drive salaries up, so that you will make money from this bill, not only by getting a tax cut, a little bit of one, but your opportunities will expand.

So I think that's the overall arch on it.

STU: The bottom line here too and no one is talking about this, the bottom 80 percent of families, currently pay 33 percent of all federal taxes and will get 37 percent of the tax cuts. They pay 33, would get 37 percent of the tax cut. The top one percent currently pays 37 percent of all the taxes, but would only get 18 percent of the tax cuts.

So they keep acting as if they're only giving money to the rich here. That's not true at all.

GLENN: Yeah, you're giving more --

BILL: Well, the big thing is the economy. That's the big thing. If you have a president who stimulates the economy to the extent that everybody wants to work and salaries go up, that's an effective administration, domestically. So that's what this is all about. Democrats, of course, don't want Trump to succeed. So they don't care how good the tax cut is or how good the tax bill is, they'll try to sabotage it.

GLENN: So the economy and the numbers, what is Trump thinking by just tweeting all this nonsense? This should have been a great week.

BILL: He doesn't think. He just doesn't think. I mean, that's the problem. I'm not a psychologist, and I'm not getting into that. But you're absolutely right. I have it said from the very beginning, it's about accomplishments, not feuds. You know, once in a while you can use a feud for a political advantage, and people will enjoy that. But not every day. You got two big accomplishments. The economy is on the move and you've hurt ISIS badly: That's what you should be tweeting about.

GLENN: Yeah. Tell me what you thought about the Pocahontas.

BILL: It's not a racial slur. It was inappropriate. The guys -- the Navajos in the White House didn't even know what he was talking. You see their faces, going, what did Pocahontas do that we were not aware of?

GLENN: I know.

BILL: Let's go back to Jamestown, what did she do? But, again, it's a stream of consciousness with our president. I mean, whatever pops into his mind, he says. Because that's what rich guys do, Beck. And, you know that, you're a rich guy. Whatever pops into your mind you say, that's what happens.

GLENN: Right. I was saying that when I was broke. And that may lead to me being broke again.

BILL: Yeah. But you weren't sober then. That was a whole different track.

GLENN: Yes. That's exactly right.

When we come back, we'll talk about Michael Flynn who has just been charged by the FBI with lying to the FBI. What does this mean to the Trump administration? Coming up.

(OUT AT 9:31AM)

GLENN: We're with Bill O'Reilly for BillO'Reilly.com. We got news this morning that the former national security adviser for Donald Trump, Michael Flynn, has pleaded guilty today to willfully and knowingly making false, fictitious, and fraudulent statements to the FBI about conversations with Russia's ambassador.

The White House responded and said, this was expected. Trump fired him for lying to Vice President Mike Pence. Of course, he lied to the FBI as well.

Bill, what does this mean?

BILL: I don't think it means very much. I mean, it means that CNN and MSNBC will have a full roster of hysteria. But, you know, Flynn was a guy who had a very nebulous -- word of the day nebulous, association with Turkey and Russia. Made money representing various things that they were doing.

And apparently, the inside story here, Beck, though, and that's why you have me on every week is apparently they made a deal with Flynn to plead guilty to lying to the FBI if they leave his son alone.

The son did work with the father. The younger Flynn was in kind of jeopardy. But I think the deal is, let the boy go. And I'll plead guilty. I think that's what happened.

GLENN: So does this move the case into the White House at all?

BILL: No. Because the White House did bail from Flynn fairly early. Because he did, as you pointed out, misled Pence. So unless Flynn has got some information, and nobody could possibly know that, that connects the president with Russia directly, it's probably going to die out fast.

STU: Bill, switching gears here a little bit, I did come across a little piece of an interview with you that I did find to be interesting this week. As you may have seen and remembered the Matt Lauer interview with you has been making the rounds quite a bit.

BILL: Yeah.

GLENN: I'm wondering, have you offered an interview for him on your show?

BILL: Nah. You know, everybody is caught up in the mass hysteria of all of these accusations. But I come back to the very simple thing, and what Americans should want is justice. They should want justice.

And nobody should be abused in the workplace. So when you keep your eye on that. And I think nobody would disagree with that. You can -- you can start to move through some of these things in a responsible way, unlike the press, which every headline is a conviction now.

So Lauer, who I've known forever, but I'm not a friend of his, what he did in my interview in September, with Killing England -- and people don't know that. But I was promoting the book. I was promoting Killing England. And I knew that NBC was telling Lauer, hey, you got to be tough on O'Reilly. You got to be ask him all -- I don't mind.

GLENN: Yeah. They did seven minutes on your firing and two on the book.

BILL: Yeah. And I didn't mind. All I wanted was my say. I went in there. And, you know, they did seven on that and two on the book. Fine, the book becomes number one. And I did what I had to do to promote the book. But as far as Lauer was concerned, I absolutely knew what he was going to do, what he was going to say. And if you looked at the interview, I answered the questions honestly. Now, he doesn't look good because all the while he was asking all those questions, he had to know that all this he has now admitted was in the background.

So how do you do that? I don't know. I don't know how do that. But that's him.

GLENN: So, Bill, you just said, you know, every accusation is a conviction now.

BILL: Yeah.

GLENN: Except when it comes -- except when it comes to Congress. That's not happening.

BILL: It is though. It is though.

Conyers is done, all right? He can -- he can -- his guy can say, I got to stay. He's finished, all right? And I expect he'll be out next week. And they'll say, his health is bad. I mean, that's what this is. And Franken is done.

STU: You think Franken is done?

GLENN: You think Franken is out?

BILL: He's out. Because the Senate Ethics Committee can't give him a pass. They can't. And they'll come back, Al, you know -- and I actually recused myself from Franken because I despised him so much. And I told my audience on BillO'Reilly.com, look, I'm not going to comment on what Franken allegedly did or did not do because I hate him. "Hate" is a bad word.

I despise him. He's a liar. All right?

GLENN: You hate the things he does.

BILL: I've known him forever, and he's the lowest of the low. You don't get lower than Al Franken. So I can't analyze what this situation is. But he has no future. He's done. And the ethics committee will come back, and there will be other people that will come in and say whatever they say.

GLENN: And so what about Roy Moore?

BILL: Now, that's a more interesting topic, Moore. Because I think Moore is going to win.

STU: I think so he is.

GLENN: I think he is too.

BILL: In December 12.

Now, is he going to win because he's the greatest guy?

No. He's going to win because the people in Alabama hate the press more than what he allegedly did. So that's what's happening.

GLENN: No, I don't think -- I think they're just willing to look away and say, I don't know what the story is because I hate the press so much.

BILL: I think it's more emotional than that. I think it's -- there is a -- if you look at the polling on it, okay? The majority of Alabama is not people who are going to vote for Moore. And, by the way, I would not vote for Moore. I would not cast a ballot for the man. But the majority of people who are going to vote in the election, all right? They say that the press is despicable and we don't trust them.

So that's the -- you know, people rationalize their actions. That's the rationalization. We don't know what he did.

You know, but the press is dishonest. So we're going to give him the benefit of the doubt. So then he'll get in there. And I think the Senate will bushwhack him. And then the governor of Alabama eventually will have to appoint somebody to take his place. I think that's how it's going to come down.

GLENN: You think the Senate is going to bushwhack him?

BILL: I think so. Because the Republican Party can't be tied to him. You see, they can't be tied to Roy Moore, and that's what the Democrats will do next year in --

GLENN: But we're already tied -- we're already tied to -- to Donald Trump. And if you believe the press reports, sources in the White House say that he's now saying that that -- excuse me. That Access Hollywood tape was fraudulent.

BILL: Okay. Then we get back to stream of consciousness. I don't take any of that seriously. I don't take any of that seriously.

But I will tell you this, I'm going to make a prediction here on the Glenn Beck Program. I wish I had the English accent to do it, but I don't.

After this tax reform thing gets passed, the press is going to then pivot into attacking Trump on the women accusations. That's going to be the next thing. Because they can't go into 2018 with a roaring economy, all right? And a pretty good accomplishment on Trump's resume. They've got to take him down personally. So you're going to see hysteria develop, coming up. And that's what's going to happen.

GLENN: So how do we -- because I think we're sending. And I don't know what message we're setting. And I've struggled with this. I mean, Bill, you and I have talked about this off the air with your situation. And I've pressed you up against the wall, saying, I don't want to defend a bad guy. Tell me the decision. And I've had to make tough choices, in my own life, you know, here. But I think we're all doing this throughout.

And I don't know what message we're sending. But I do believe the stories about Donald Trump. And I do believe he has that kind of attitude.

So what -- what is this -- what -- by saying, you know what, the president is off-limits. Or, you know, Al Franken is off-limits or whatever, what does this mean to us in 20 years? Because I think we're here because we said character didn't matter in the '90s.

BILL: Well, look, I know where you're coming from on this, but I think you've got to be careful. I know of a tape, an audiotape that I hope becomes public very soon, because there are at least three crimes on the tape that an anti-Trump person is offering money to someone to allege stuff against Donald Trump. That tape exists. All right?

And you got to be careful about this kind of stuff. Because there is very -- there are black ops, what they call in the CIA, going on, to ruin people that George Soros, Media Matters, Color of Change don't like. You know that. You know it. Don't discount that. Don't discount it.

GLENN: Well, see, that's why --

BILL: I don't know what Donald Trump did or did not do. I do know the American people elected him. But I know what's coming. I do know what's coming.

GLENN: So that's kind of where I'm at. Is, you know, we will say, you know, I'll give the person in politics the benefit of the doubt because I don't know -- because politics is so slimy, that I don't know what the truth is here.

BILL: That's right. And you can't know the truth. So, therefore, you can't form judgments. You've got to be -- if you're fair-minded, very circumspect on it, and very cautious.

STU: What's the appropriate way to look at these, Bill? Because I have struggled with this. These things come out, and we're forced to try to make without a court case, without a real accusation, without a charge being filed. We have to try to sit here and analyze through the media and random reports.

BILL: Yeah, but you can't because the media will never tell you the truth. And they're going to hang you in the headline, whoever you are. If you think this is going to stop, it's not. Next week, there will be five other people. Then once you get into the campaign season in 2018, almost everybody who runs is going to be slime in some way with this kind of stuff. It's just too easy to do. It's so easy to do.

GLENN: Look, I saw --

BILL: Americans have got to be aware that this thing is pretty much out of control right now.

GLENN: I saw the thing with Garrison Keillor. And if what Garrison Keillor says is true -- and, look, I mean, I think Garrison Keillor is talented.

STU: Ugh. Insufferable.

GLENN: I know. I'm a rare bird on this. I think he's talented. But he stands for almost everything that I stand against.

However, that being said, if what he says is true, it's insane to fire him. Was insanity. Because it's --

BILL: Absolutely. So, I mean, look, I'm not going to get into my situation, but I've told you and I've told everybody in this country, I've mistreated no one. Okay? And that -- there's no deviation from that.

And so, you know, you go on, but am I angry? I'm angry through the roof about this whole injustice in the media.

GLENN: So the question --

BILL: The media drives this stuff. But if there's evidence that you see, like a picture -- Al Franken -- or a police report -- Weinstein -- sure, that evidence has to be taken into account.

But if there isn't, it's just like Garrison Keillor saying I touched somebody on the back and now I lost my job, you know, you got to take that seriously, even if you don't like the guy.

STU: So you said before, Bill, you wouldn't vote for Moore. What was your decision-making process?

BILL: Right. I just don't think the guy is a problem solver. He's a pure ideologue, all right? Who has put forward a platform that I just don't think represents the country. And I don't know what he did or didn't do. I just don't know.

GLENN: So you're not making it on the charges?

BILL: No. But he sputtered around. He sputtered around it. "Sputtered" is a good word.

But when I see Gloria Allred involved in trying to get him, then I go, yeah, okay. Look at this.

STU: Yeah, you roll your eyes.

GLENN: Okay. Bill O'Reilly, thank you very much.

BILL: Can I say one more thing before you guys go to the British woman?

GLENN: Oh, jeez. Yeah, go ahead.

BILL: BillO'Reilly.com has an unbelievable Christmas promotion, and Glenn Beck needs this. If you buy three gift certificates for premium membership, Beck, you get four free books. That's seven gifts. So you can give your gifts to your staff, take care of everybody on BillO'Reilly.com.

GLENN: But there's 12 days of Christmas. There's 12 days of Christmas. It still leaves me wanting the pipers and the maids a milking.

BILL: Well, then do six, six gift certificates at BillO'Reilly.com, and then you'll get eight books. That's 14. Then you've outdone your 12 days of Christmas.

GLENN: I don't know six people that like Bill O'Reilly.

Inflation Nation: Why America Is HURTLING Toward Economic Collapse

When Biden was given the keys to the Oval Office in January 2021, gas was $2.50 a gallon and the inflation rate was 1.4%. Today gas is at $3.32 a gallon and the inflation rate is at 7% ... and STILL RISING. These are just 12 months of numbers, but we’re clearly in a worrying decline. While the economy has opened up more post-COVID, it’s not just getting worse — we’re going IN REVERSE.

On "Glenn TV" Wednesday, Glenn Beck heads to the chalkboard (and the very top of his studio ceiling) to explain what’s happening to inflation and why it’s so hard for your family to afford basic goods and groceries. It’s not “corporate greed,” as Democrats have been telling you. The Biden administration wants to continue to spend trillions of dollars to “reinvent capitalism,” but that’s in addition to the trillions that are being pumped out IN THE SHADOWS.

Glenn exposes what the Fed has been doing behind closed doors and shows us the tidal wave that’s about to hit. He’s looked at the numbers, and they're frightening. Carol Roth, former Wall Street investment banker and author of “The War on Small Business,” gives advice to Americans who want to protect their checking and savings accounts before it’s too late.

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.

Glenn Beck WARNS: The falling stock market is NOTHING compared to what's coming

Image source: Video screenshot

The stock markets have taken a nosedive in the biggest downtrend since the start of the COVID-19 pandemic in 2020. But that's nothing compared to what's coming thanks to our government's embrace of modern monetary theory, warned BlazeTV's Glenn Beck on the radio program.

"It really is important that you understand what's happening to us," Glenn stated. "Modern monetary theory is truly the [fuel] ... for the great reset. It is the idea that we can print as much money and spend as much money as we want," he explained.

"Then the next step is to release the Federal Reserve digital currency and make payments by other currencies [including cryptocurrencies] illegal," he continued. "And you're seeing it happen now in real time. Why would they do this? Because you cannot print this kind of money without having absolute control over how it is spent."

Glenn broke down the steps powerful political organizations — like the Federal Reserve — will take to end currency competition and enact a Federal digital dollar, which will allow for the government to have complete control over how we spend our money.

"This is what's coming. This is coming quickly, and events will make it move faster. For instance, why is Joe Biden basically giving Ukraine to Russia? He's giving it to them. He he knows Russia's not afraid of him. Putin knows that [Biden] is not going to do anything ... neither is NATO. They're not going to do anything," Glenn said.

"It's because war resets everything. War is the best great resetter. Changes boundaries. It changes borders. It changes laws. It changes societies. It changes currencies. It changes everything. And in the end you just want the war to stop. And so you you accept whatever it is the terms are that you're going to have to live under now. We're in very, very dangerous times. The only way to survive this is to know why they are dangerous times."

Watch the video clip below to hear more from Glenn Beck:

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.

ESG scores EXPLAINED: This is why companies are going woke

Chances are, you've noticed that many large companies have decided to become woke activists, despite the fact that alienating half your customer base is a terrible business strategy.

This woke shift isn't being driven by the usual market forces. It's the Great Reset's ESG score system at work, Glenn Beck said on "GlennTV." Under the “environmental, social, and governance” score system, companies will no longer make decisions based on what you, the consumer, want. Now, it's all about what those in power deem society should want. And it's not just businesses that are affected, he explained.

Watch the video clip below or find the full episode of "GlennTV" here:


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.

11 things you can do to help stop the Great Reset

Photo by Arthur Franklin on Unsplash

The foundation of the American way of life is freedom from tyranny, which can only exist in a nation that defends the rights, powers, and property of individuals and families. Over the past two centuries, the greatest threats to liberty have come from governments, both foreign and domestic. And from the beaches of Normandy to the civil rights movement of the 1960s, Americans have repeatedly conquered the challenges placed before them by those seeking to extinguish or limit individual rights.

However, over the past few years, a new, potentially catastrophic danger has emerged, but not primarily from the halls of Congress or state capitols. This threat to freedom has largely emanated from the board rooms of the world’s wealthiest, most powerful corporations, large financial institutions, central banks, and international organizations such as the United Nations and World Economic Forum.

In an attempt to secure vast amounts of wealth and influence over society, corporate CEOs, bankers, and investors, working closely with key government officials, have launched a unified effort to impose environmental, social, and governance (ESG) standards on most of the industrialized global economy. ESG standards are also referred to as “sustainable investment” or “stakeholder capitalism.” According to a report by KPMG, thousands of companies, located in more than 50 countries, already have ESG systems in place, including 82 percent of large companies in the United States.

ESG standards are designed to create a “great reset of capitalism” and to “revamp all aspects of our societies and economies, from education to social contracts and working conditions.” ESG supporters plan to enact these radical changes by using ESG schemes to alter how businesses and investments are evaluated, so that instead of focusing on the quality of goods and services, profits, and other traditional economic metrics, companies — including financial institutions — are evaluated largely on their commitment to social justice and environmental causes and then assigned scores so that companies can be compared, rewarded, or potentially punished.

Supporters of the movement for a Great Reset also plan on using technology to limit free speech and privacy rights, and they support creating vast new government programs that are designed to transform the Western economy via the Green New Deal, European Green Deal, a federal jobs guarantee, and basic income programs.

Together, the proposals that make up the Great Reset represent the most serious threat to freedom in the West since the fall of the Soviet Union and perhaps since World War II. But there is hope. We can stop the Great Reset, but only if we act quickly and with great conviction.

Below are 11 steps you can take to push back against the Great Reset. These steps represent a powerful bottom-up, grassroots approach to the Great Reset’s top-down plan to remake the world. Although many of these steps won’t be easy for everyone to take, they are essential for ensuring that our children and grandchildren will grow up in a world that protects the rights of individuals and empowers families, rather than wealthy special interests, financial institutions, and large corporations.

1. Live Not by Lies: The time for remaining quiet is over. When you hear or see something that you know to be false, speak up. Be kind, generous, and compassionate, but do not, under any circumstances, allow lies to infect your life. Further, do not support organizations, publications, politicians, schools, or any other institutions that regularly promote false claims.

2. Buy Local: The reason the Great Reset is so powerful is because so many of us have become totally dependent on large multinational corporations. They can be easily manipulated in a way that small, local businesses cannot. Learn to buy local, whenever possible, even if it means spending more money on your purchases. Yes, big corporations offer conveniences and low prices that many small businesses can’t compete with, but those benefits come with a great cost: your freedom.

3. Bank Local: Big financial institutions and banks are driving much of the Great Reset movement. They have started to use their incredible wealth and power to alter society by financing only those businesses who agree to the terms of the Great Reset. This problem is going to get worse, so it’s important to find local banks and credit unions you can trust and who refuse to utilize ESG scores and other discriminatory schemes.

4. Support Local Farms: If you live in an area that has local farms and farmer’s markets, consider buying as many of your groceries as possible from farmers. In the future, food production and distribution are going to change dramatically. It’s important that you support local farmers and build relationships with individuals who can provide you with the goods you need in a time of crisis. One of our main goals must be to make local communities as self-sufficient as possible, and that cannot happen unless we support local farms.

5. Be Vocal: After starting to shop and bank locally, be sure to tell big financial institutions and corporations why they have lost your business. They need to know that their decisions have serious consequences.

6. Run for Local Government: Local and state governments will soon be our most important defense against the Great Reset. Consider running for your local school board, zoning board, or even for a state legislative office. If you don’t feel qualified for these positions, find someone who shares your values and help them run for office. If we don’t have control of our local governments, we won’t be able to halt the Great Reset.

7. Demand That Your State Pass Laws Against ESG Scores: In America, states have a tremendous amount of power to slow the Great Reset and protect their citizens from abuses by large corporations, banks, and international institutions. They can do this by passing laws that make the use of ESG metrics and other, similar systems by financial institutions illegal, when used as a precondition for banking services, financing, investment, etc. ESG scores are, by definition, discriminatory and should be made illegal by state lawmakers who care about protecting their citizens’ rights.

8. Make Responsible Spending a Key Issue for Politicians: In recent years, politicians on the ideological left and right have totally abandoned responsible fiscal policy in favor of vast money printing and loose monetary policies. The many trillions of dollars that have been “printed” in recent years put our economy at risk and are being used to fuel the Great Reset. Without these trillions of dollars of printed money, it would be exceptionally difficult for governments and financial institutions to buy off corporations.

9. Organize Anti-Great Reset Groups: No matter where you live, there are Americans in your community who do not support the Great Reset — Republicans, Democrats, and independents alike. Find like-minded neighbors and organize a local, peaceful resistance. Find people you can trust and agree to support one another when times get tough. Now, more than ever, we need to develop dependable communities.

10. Buy Property and Diversify: Property ownership is going to become increasingly more difficult in the months and years to come. It’s important that you work with a qualified financial adviser to help you figure out the best way to buy property and diversify your investments. Buying hard assets, including real estate and precious metals, could be a good way for you to protect against the Great Reset and a possible financial collapse. If you already own property, resist selling it to large corporations and financial institutions, whenever possible. (This is not financial advice, and I’m not a financial adviser. Talk to an expert you trust before taking action!)

11. Make the Great Reset a Litmus Test for Politicians: Before supporting politicians, find out if they know what the Great Reset is and what they plan to do to stop it. If they aren’t familiar with the Great Reset or don’t have a plan to halt it, then demand that they learn about the Great Reset and develop a proposal to prevent it. Political leaders who refuse to take the Great Reset seriously do not deserve your support. This is the key issue of our generation.