Glenn Beck: Mandatory salary caps coming?

Related Story

Netflix CEO to Obama: Please Raise My Taxes

GLENN: Did you see what Barney Frank said? Stu, do you happen to have the -- here it is. I'm going to get into this a little bit on tomorrow's program. Barney Frank actually comes out and, you know, they're talking about the CEO package where the CEOs of anybody who's received federal money shouldn't make over the $500,000 a year. All right, I just want you to think this through, as much as it's going to piss you off that somebody's going to make $20 million and you can say who can possibly make $20 million. They will just go some place else in the world or they just won't work. I mean, you know, why would you put up with the government and everything else, why would you do that job, especially if you've made it once. I mean, if you've already made it. And if you haven't made it yet, if you can't make it here in America, somebody else, some other country is going to do this because it will make them what we've always been.

Well, Barney Frank said that it's -- listen up, gang, because this is what's coming. He said the compensation restrictions would apply to all financial institutions and may be extended to include all U.S. companies. Now, there's a lot of people that would say good, but this is exactly what FDR did, and it didn't work. So in other words, no one will ever make more than $500,000 a year. May I suggest, may I suggest that that doesn't work because what will become something like, "Don't worry, all advertising during the political campaign will be on the up and up because we've got this new system that we're working on." McCain has just got this great new package to make sure there's never any distortion in political ads. Believe me, you'll only make the problem much, much worse and it will be harder to track. You won't know who's making what. They will be paid in six different ways, and the people who are already worth millions and millions and millions of dollars, they don't worry about it, jack. Do you think Rockefeller was concerned about the cap of $25,000 and then 100% income tax? Do you think he really cared? No. He had his money. He didn't care. But you've got the CEOs.

Hey, Stu, would you remind me? Cancel my Netflix subscription. There was an op-ed piece in the New York Times from Reed Hastings. He's the CEO of Netflix. He called on President Obama to raise taxes on corporate executives and other wealthy people, anybody who makes more than $2 million a year. He said that if CEOs and others who make more than a million dollars annually pay half of their earnings in taxes, it's a win-win. Well, first of all, it's not going to happen and here's why. The CBO did a study and it shows no matter how high you raise taxes, the income tax rate coming in, the actual income to the government is always about 18%, always 18, 18 1/2% and that's because the higher you raise taxes, the less is actually put in. The flat tax becomes, the more revenue actually would come in. We've never tried that. Russia tried it. But all of the progressive tax, no matter if it's at 90% or 20%, the revenue coming into the coffers of the government is always about 18.5. It's an amazing study. So whatever. It's just going to hurt the economy.

So he wants to pay more taxes. Now, here's what I would like to, what I'd like to suggest. He wants 50% tax for everybody making over a million dollars because that would help and there's so many poor to help out. If you have Netflix -- Stu, do we have the, do we have the coupon or the little letter? We're going to put that up tomorrow. We're going to try to make a letter. What I'm going to do is I'm going to make a letter that you can put into your little envelope that gives the address of the IRS and where exactly, how we can make a donation because he can pay more to the government. I don't know if he knows this. I asked one of the head guys of the IRS, who was the head guy of the IRS forever, "How many people have ever overpaid intentionally just because they wanted to pay more." His response? Never. I would just like to encourage those because again I believe in freedom of speech, I believe you have the right to choose and, yes, I know exactly what I'm saying. Any time a government tries to limit, it's murder your rights to choose, it is oppressive. Let him choose to pay more.

So if you have Netflix, on the website tomorrow we will have a little deal. You can just send him, jot him a little note: "Hey, Kenny, here's the address. You don't have to wait for Obama to do it. Hey, make that change. I'm hoping for you to make that change." But they'll never do it.


America has always been the land of the free. But as the line fades between the socialist, woke Left, and the Democratic Party that controls our government, are we diving headfirst into Marxism?

On his BlazeTV exclusive show, Glenn Beck spoke with Li Schoolland, who grew up under Mao's cultural revolution in China, and never did she think she would see the same warning signs in America. But now, she has a horrifying warning for us all.

Watch the video clip 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.

Earlier this year, Coca-Cola became the poster child for how a corporation could shove leftist ideologies onto its consumers. The company suspended advertising on Facebook in a push to censor former President Donald Trump, published a manifesto about racial equity, and demanded all legal teams working for Coke meet certain diversity quotas.

But now, after Trump, Sen. Ted Cruz (R-Tx.), Sen. Rand Paul (R-Ky.), and many other conservative voices called for a boycott of the company's products, Coca-Cola appears to be shifting directions.

The Washington Examiner reported that the company issued a conciliatory statement after conspicuously failing to appear on a published list of hundreds of corporations and individuals that signed a statement denouncing the Georgia voting bill.

"We believe the best way to make progress now is for everyone to come together and listen respectfully, share concerns, and collaborate on a path forward. We remained open and productive conversations with advocacy groups and lawmakers who may have differing views," the company said. "It's time to find common ground. In the end, we all want the same thing – free and fair elections, the cornerstone of our democracy."

Then last week, Coca-Cola Co.'s new general counsel, Monica Howard Douglas, told members of the company's global legal team that the diversity initiative announced by her predecessor, Bradley Gayton, is "taking a pause for now." Gayton resigned unexpectedly from the position on April 21, after only eight months on the job, to serve as a strategic consultant to Chairman and CEO James Quincey.

"Why is Coca-Cola 'taking a pause' on all of these? Because you have been standing up," Glenn Beck said on the radio program Monday. "You and others have been standing up. Your voice, it's the power of one. Your voice makes a difference."

Watch the video below to hear more form Glenn:

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.

This week on "The Glenn Beck Podcast," civil rights activist and Woodson Center founder Bob Woodson joined Glenn to call out the leftists in the "race grievance industry," like the Rev. Al Sharpton and Black Lives Matter, Inc., who, he says, are "profiting off the misery of their people."

Woodson lived through the appalling segregation laws of the last century and has a much different message about what it means to be "oppressed" than the so-called "anti-racist" activists today.

Woodson said he believes the real struggle for impoverished minority communities "is not racial." He argued that leftists "at the top" derive "moral authority" by claiming to represent "so called marginalized groups," while they prosper at the expense of those "at the bottom."

"There's nothing worse than self-flagellating guilty white people and rich, angry black people who profit off the misery of their people," Woodson said.

"I call what Sharpton and some of those are doing is worse than bigotry. It's treason. It's moral treason against their own people," he added. "The only time you hear from them is when a white police officer kills a black person, which happens maybe 20 or 21 times a year, but 6,000 blacks are killed each year by other blacks. So, in other words, their message is black lives only matter when taken by someone white, which means you are betraying the black community when you turn your back on 20 children that are slaughtered and you don't march in that community and demand that those killers be turned over to the police."

'The problem is not racial," Woodson asserted. "The problem is the challenge of upward mobility. Any time you generalize about a group of people, blacks, whites, Native American, and then you try to apply remedies, it always benefits those at the top at the expense of those at the bottom. ... It's a bait and switch game where you're using the demographics of the worst of these, to get resources that helps the best of these, or those who are prospering at the top. So, if I was the president, I would say an end to the race grievance business, that America should concentrate on the moral and spiritual free fall that is consuming people at the bottom."

Watch the video clip below to catch more of the conversation, or enjoy the full podcast here or wherever you listen to podcasts:

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.

Following President Joe Biden's first joint address to Congress, Glenn Beck joined fellow BlazeTV host and author of the new book, "American Marxism," Mark Levin to expose what they called the "Liar-In-Chief's" radical plans for our country and to explain why the far Left's proposals and programs are really a "frontal attack" on our Constitution, our country, and our way of life.

"Substantively, this is a frontal attack on our Constitutional system of limited government. It is a frontal attack on our capitalist system. He's basically throwing out all the bromides for the radical left groups that now form the base of the modern Democrat Party. And I make the case that ... this is Marxist bullcrap in its broadest sense," Levin stated.

"Here we are, a country now where one man can get up in the middle of the night and make a list of everything he wants to do to the country," he added, speaking figuratively. "It's like an unreality where we're living in separate worlds ... the whole thing is a fraud."

Watch the video clip below to hear Levin expose the lies and misinformation in Biden's speech and explain why he believes the true message is absolutely chilling for the future of our nation:

Want more from Mark Levin?

To enjoy more of "the Great One" — Mark Levin as you've never seen him before — subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.