Glenn Beck: Time to jack up taxes

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Bloomberg: NYC Income Tax Could Rise 15 Percent

GLENN: I want to talk a little bit about Bloomberg and what's coming just for New York City, New York and then the rest of the country and I want to explain how trickle-down economics actually works and then I would like somebody to explain trickle-up economics. Remember, the rich aren't paying their fair share. The rich aren't -- you can tax them more, they've got lots of money laying around, they will never notice it gone and those small businesses that make over $250,000 a year, don't worry about them. They've already gotten theirs. We've got to now take it and make sure everybody has that opportunity. Got it? Same time, Barack Obama says this is good to do. However, now in this economic situation we're not sure if we can do it. He might wait. I don't understand that one. You might wait to rescind the Bush tax cuts because of the economic situation, but rescinding the Bush tax cuts is the right thing to do, but we have to wait until we get out of the -- trying to make this work in my head here. Let me see if I can -- I think what he's saying is we have to let capitalism heal the economy before we implement socialism.

So explain to me how trickle-down economics works. Then I'm going to give you the scenario. I was thinking about this this morning when I read that Bloomberg is going to raise taxes in New York City by 15%, okay? I just want to look at -- let's just look at, you know, let's say my tax situation. Pay 30, what is it, 36%? I'm going to be raised to 39%. That's at a bare minimum. So let's just round the numbers off, 40% for income tax. 40%. Great. Now Bloomberg, I'm already playing I think 5% in city tax. So 5% city tax. He wants to raise that. I believe that's -- we're talking about a cap of, what, 9% or 10% of tax? Let's just say it's 10%. So we now have 40% for the federal, we have 10% for the city. That is now 50% of the income gone. Then you have 5% for the state. Now we're at 55%. Then we look at my local, my real estate taxes, your real estate taxes, all the other taxes. For a small business -- remember those evil businesses that are making over $250,000 a year -- you can now find yourself paying about 60% of your income to taxes. That's not including everything that you buy, that you pay an additional 6% on. So you're paying a minimum of about 60% to a government, probably closer to 65% when all is said and done.

So I happen to pay tithing. Now we'd be at minimum 70% of my income, closer to 80% of my income which now leaves me the whopping 10% -- 20% of my income. 20% of my work, of my time. 20% is what I'm left to now run my business. Huh. Oh, and my house and my life. Got it. 20%. Let me make you a promise. This kind of stuff happens, businesses all around the country will not be able to do business.

Let me give you the example. This Christmas show has cost me a fortune to do and I'm thinking about this this morning. I'm thinking, all right, the Christmas show, the Christmas Sweater. Could I even afford to do it next year? The answer is no. This will most likely be the last time this Christmas show is ever seen because I couldn't afford to put it on because of the taxes and the tax burden that would be coming my way. If these things come to pass, then there's no way I could afford to do business.

Now, here's where trickle-down economics works. People will say, oh, well, that's no big deal, he's got enough money, he's got this, he's got that, blah, blah, blah, blah. I just want to think of the people that we employ. First of all, I have the entire radio staff. Then I have a stage staff. This is all they do. They just work to produce these shows. We have a Broadway director, we have three composers, we have a conductor, we have eleven people in the orchestra, we have a singer, we employ all of the people at the stages, at the union houses that are going to turn on the lights. They are going to open up and sell the tickets and clean the theater and run the stage show. All of these people all across the country will not be employed next year. Now, these how trickle-down economics works. The unions will scream because they've got to have more money but they price themselves out of business because people can't afford to go and put the show on and if they can't afford it, they will just say, well, we'll pass it on to the consumer, but the consumer then can't afford to buy the ticket. It's already happening.

I mean, in this stage show, because it's being produced in New York, all the unions have to be involved. I've got -- currently I've got a situation where I can't have -- we've hired the stage manager from Cirque du Soleil to do this show. I can't get the stage manager involved because her union contract says she can't work certain times. We all say, "Okay, well, we really need her to do this now." We can't have her do this now. We can only have her do certain things at certain times and when those certain times come -- this show is unique -- we don't need her to do those things. But she's got to do them. It's insanity. I have to hire certain people to do certain things that I don't need which increase the cost of the tickets which increase the cost of the production which, after taxes and everything else that are coming our way, which increase the odds that I can't hire any of these people. Okay, that's how trickle-down economics works. You hurt the guy at the top and then nobody has a job.

Explain how trickle-up economics works. We're talking now about getting rebate checks. We're talking now about getting people to get a rebate, which is the most insane thing I've ever heard, a rebate check. Think about this. Would it be easier just to lower taxes? Would it be easier just to say, hey, don't pay taxes, "Hey, you don't have to send this money in," or is it better to have all that money sent in, then have this giant machinery and this apparatus go through all the paperwork, figure out who it belongs to, who it should go back to, find out their address, have them fill out applications so they can get the money, print those checks, send those checks. How much money is being wasted on rebate checks? It's not about doing the right thing. It's about buying constituents. That's what that's about. Because the logical thing to do would be to reduce taxes on those people who pay taxes, but this is again about the redistribution of wealth. Because you can't reduce the taxes on the people who have already paid taxes. You need to give money to people who don't pay taxes. Well, again, I ask, is the number of people who don't pay taxes going to get larger or smaller? Once you've hurt the people at the top. It only makes sense that it's going to get larger. How many people will we not employ next Christmas? A ton. What do those people do? They get their money from the government. They become slaves. They get free money for not working and they get it from Uncle Sam or Uncle Obama. It doesn't make any sense. It's never going to work and that's why Obama needs capitalism to heal, before he implements socialism. You immediately go and redistribute the wealth. You immediately take the wealth -- the first thing you would do in office is raise those income taxes, make sure you get money from those people. Quick, it's the thing we've got to do. They wouldn't be having a stimulus package. They wouldn't be talking about bailouts. The first thing we would do is talk about talk about taxes, if higher taxes helped. That's the first thing they would have on their agenda. But it's the last thing on their agenda because they know it hurts.

Now, at the same time Bloomberg and cities all over the country -- did you know that California, California, a state that actually asks the United States government for a bailout, do you know what the people of California just voted for? New York City, New York City, a city that just said that they are going to have to raise all of those taxes, they are going to have to bring everything up by 15%. Is this the same city that just spent $249 million, a quarter of a billion dollars on hybrid buses? And it wasn't just to help congestion. It was for global warming. So the same guy who says we're out of control, we've got -- they don't cut the spending. Oh, sure, they are talking about cutting a little spending. You know what they're talking about cutting? They are talking about cutting police officers. Oh, in New York City, cutting police officers. That's brilliant.

We did our homework over the weekend; we did the research so we can tell you what is likely coming from Senate Democrats regarding President Trump's Supreme Court Nominee Amy Coney Barrett. Based on our research and the anonymous people who have already come forward to talk about Coney Barrett's youth, these are the main shocking things you can expect Senate Democrats to seize on during the confirmation process…

A man has come forward under the banner of "#MenToo," to say that in second grade, Amy Coney Barrett and her best friend at the time, cornered him at a birthday party at Chuck-E-Cheese and "injected him with a full dose of cooties." Which, if true, would obviously be disqualifying for serving on the highest court in the land.

Then there's a woman who says when she was nine-years-old, she lived on the same street as Amy Coney Barrett. She alleges that Coney-Barrett borrowed her VHS tape of Herbie Goes Bananas and did not return it for at least six months. And then when she did finally get the tape back, the woman says Coney Barrett did not even bother to rewind it. The FBI has interviewed at least two witnesses so far who say the tape was indeed not rewound and that it was very upsetting to the owner of the tape. Again, if true, this is troubling – clearly not the kind of integrity you want to see in a Supreme Court justice.

Apparently, in their elementary school days, they liked to drink milk – and lots of it.

The same neighbor also dropped a bombshell allegation about the drinking problem of Amy Coney Barrett and her closest friends. Apparently, in their elementary school days, they liked to drink milk – and lots of it. The neighbor says she "frequently" witnessed Coney-Barrett and her friends chugging entire cartons of milk – often Whole Milk, sometimes Chocolate Milk, occasionally both at the same time through a funnel.

Unfortunately, shooting-up cooties, injurious rewinding, and potential calcium-abuse are not even the worst of it.

A third person has now come forward, another man, and this is just reprehensible, it's hard to even fathom. But he alleges that in fourth grade, when they were around ten-years-old, Amy Coney Barrett and a group of "four or five of her friends" gang-GRAPED him on the playground during recess. He alleges the group of friends snuck uneaten grapes out of the cafeteria and gang-GRAPED him repeatedly in broad daylight. In other words, and I hate to have to spell this out because it's kind of graphic, but the group led by ten-year-old Amy Coney Barrett pelted this poor defenseless boy with whole grapes. He recalls them "laughing the whole time" as they were gang-GRAPING him.

He recalls them "laughing the whole time" as they were gang-GRAPING him.

Obviously, even if just one of these allegations is half-true, no Senator with a conscience could possibly vote to confirm Coney Barrett. When there is a clear pattern of destructive childhood behavior, it always continues into adulthood. Because people do not change. Ever.

Fortunately, for the sake of the Republic, Democrats plan to subpoena Coney Barrett's childhood diary, to see what, if any, insights it may provide into her calcium habits, as well as her abuse of illicit cooties and the gang-GRAPING incident.

We will keep you posted on the latest, but for now, it looks like Democrats will find plenty in the reckless pre-teen life of Amy Coney Barrett to cast doubt on her nomination. And if not, they can always fall back on her deranged preference for letting babies be born.

[NOTE: The preceding was a parody written by MRA writer Nathan Nipper.]

On the radio program Friday, Glenn Beck discussed the recent news that a primary source for the Steele Dossier — the document on which much of the Trump-Russia collusion investigation was based — had been investigated by the FBI for contacts with suspected Russian spies. Glenn also shared several previously unpublished texts and emails from FBI agents have recently been released.

According to a letter sent by Attorney General William Barr to Senate Judiciary Committee Chairman Lindsey Graham (R-S.C.) on Thursday, the FBI knew early on that the research compiled by ex-British intelligence agent Christopher Steele relied on a "Primary Sub-source" that had been "the subject of an FBI counterintelligence investigation from 2009 to 2011 that assessed his or her contacts with suspected Russian intelligence officers" — but still used it to obtain warrants to spy on former Trump campaign-aide Carter Page.

But, it gets even worse. Now, new leaked texts and communications from FBI agents within the department at the time of the entire Russian collusion effort were disclosed in federal court filings on Thursday. According to the court documents, FBI agents purchased "professional liability insurance" to protect themselves in January 2017, just weeks before Donald Trump was inaugurated president, because they were concerned about the agency's potentially illegal activity during the Russia collusion investigation.

"Trump was right," one FBI employee wrote in response to then-President-elect Trump's Jan 3, 2017 tweet which read: "The 'Intelligence' briefing on so-called 'Russian hacking' was delayed until Friday, perhaps more time needed to build a case. Very strange!"

Watch the video below for more details:

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Chief researcher Jason Buttrill joined Glenn Beck on the radio program Thursday to discuss an "explosive" new report released Wednesday by Senate Republicans on Democratic presidential nominee Joe Biden's son, Hunter Biden, and the Ukrainian energy company Burisma.

Among other serious allegations, the 87-page report claims that "Hunter Biden received a $3.5 million wire transfer from Elena Baturina, the wife of the former mayor of Moscow," and the richest woman in Russia.

"The transactions discussed [in the report] are designed to illustrate the depth and extent of some questionable financial transactions. Moreover, the financial transactions illustrate serious counterintelligence and extortion concerns relating to Hunter Biden and his family," the report stated.

Jason suggested the Senate's findings provide additional evidence to back allegations of a money-laundering scheme, which Glenn detailed in a four-part series about Biden's shady connections to Ukraine. Learn more on this here.

"Laundered money is very hard to track to its finality," Jason explained. "I'm sure the Biden camp is really hoping that it just looks suspicious, but [investigators] don't ever find the eventual end point. But, if they do – and it's possible they already have – this is going to be explosive, very explosive."

Watch the video below for more details:

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Revolutions rarely happen overnight. The Left started laying the groundwork for November 3, 2020, the moment Hillary Clinton had to concede the 2016 election to Donald Trump. It was always solely about getting rid of President Trump — and there's a playbook for that.

Last week, Glenn Beck showed you the "Seven Pillars of Color Revolution" written by a former U.S. diplomat, which are the conditions that must be in place for a successful Eastern European-style "Color Revolution." The left seems to be pushing for a Color Revolution this election because they are using the exact same playbook.

In part two of this series, Glenn peels back the layers on the first four of these Color Revolution pillars to show you how they work and what the end goal is. And he reveals one of the architects of the playbook – a Color Revolution specialist, former ambassador, and former Obama administration official who is one of the key masterminds of this revolution.

Joining Glenn is political campaign veteran and BlazeTV host Steve Deace who says the polls that claim Biden is leading the race "are trash." We're being set up to believe that if Trump wins in spite of the polls, it must be an invalid election.

Watch the full video below:

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