Glenn Beck: Taxing Success


List of U.S. colleges and universities by endowment

Well, now in Massachusetts they are looking to tax college endowments, university endowments that have more than a billion dollars in it.  They say that by doing this, they can put more than a billion dollars a year into the state revenue.  Legislators have asked state finance officials to study a plan that would impose a 2.5% annual assessment on colleges with endowments over a billion dollars.  Now, the universities are very upset and here's quite possibly -- I want to frame this.  I want to frame this.  I want this on my wall of my office.  When a nonprofit, when a nonprofit is making money, it's mind-boggling.  Why tax them?

Now, one guy who is head of the ways and means committee in Massachusetts says it's mind-boggling that an entity wouldn't be paying taxes that has $34 billion.  How can you justify that when people can't afford to live, how could you justify not taxing them?  Ready?  Here it is.  This is what I want framed.  Kevin Casey, Harvard's associate vice president for government, community and public affairs said, "You can't do that.  You'd be taxing success."  No, it gets better.  "And over time this would put us at a competitive disadvantage.  It would hurt the state."  No, you're kidding me.  It's like you're taxing success by taxing people who are making money and who happen to be richer than others?  You're taxing success?  Boy, Kevin, I never looked at it that way.  You might be onto something there.  "Over time this would put us at a real competitive disadvantage."  No, it would put Harvard at a disadvantage against those who didn't get taxed?  No.  Who might pay a lower tax?  It might put that company at a disadvantage?  No, no, Kevin, you're looking at it wrong.  We're just trying to help out Greater New Haven State Technical College.  That's what we're trying to do.  We're only trying -- it's affirmative action for Greater New Haven State Technical College.  We're trying to help them.  We're trying to level the playing field.  It's only out of fairness, the rich get richer and the poor get poorer.  It might put them at a -- no.

And then he goes on.  In the final insult to injury he goes on to say, "And it would hurt the commonwealth.  It would hurt the state."  How?  How?  Are you saying because Harvard wouldn't be able to have so much money so they couldn't grow?  So they couldn't hire more people?  They couldn't bring more people into the state?  I never thought of that when I was thinking about taxes and companies.  I just thought, oh, they're screwing the state; the bigger they get, the more people they hire, the more people that live here.  It's crazy.  It's almost like you're talking about the philosophy of, oh, I don't know, Texas.  It's almost like you're describing the philosophy of, oh, I don't know, a conservative.  It's like you're taxing success.  No, Kevin, you're wrong.  It's not like we're taxing success.  We would be taxing success.  Oh, sucks, doesn't it?  And yet I could guarantee you it's these same eggheads and people like Barack Obama who will go right after Exxon and not understand.

Right now there's a big offshore oil convention going on in Houston, which is surprising.  One of the most profitable and economically secure cities in America right now.  Hmmm, what's up with that, I wonder?  Maybe it has something to do with no state income tax.  Maybe it has something to do with energy and oil.  But why concentrate on the little details like that?  In Houston right now there is this oil convention going on for offshore drilling.  All of the countries, Russia, Sweden, Norway, Kuwait, Venezuela, all of the -- Brazil, everybody is at this convention.  And what are they talking about?  Offshore drilling.  They're all using our technology to drill, and a lot of them in the Gulf of Mexico.  "But we won't drill that because that's unsafe.  That's wrong."  So we'll let other countries do it.  They will claim and stake a claim for 100 years for the oil underneath the Gulf of Mexico but we won't take it.  We won't take it.  No, no, no.  We've got evil universities.  We've got evil oil companies here.  Oh, my gosh, these evil oil companies.  We've got to drag their butts in front of congress, ask them why they're making so much money.  Oh, yeah.  Meanwhile Putin makes people president in Russia if you are the head of an oil company:  Hey, congratulations, you are successful; you are the next President.

Us, can you imagine having the president of an oil company be the President of the United States in this country?  (Gasping).  "What?"  Yet, you would absolutely be somebody who is the president of a university.  Why, he's respected and he will go after those evil oil companies.  "But not the sacred university.  That might be like taxing success."

How does a sports writer know how to fix America, and America's racial dilemma?

In a special edition of the "Glenn Beck Radio Program," Outkick sports columnist Jason Whitlock filled in Tuesday for Glenn to explain how we can bring America back together, lean into racial harmony, and restore the values of our Founding Fathers. Because if not us, then who will?

Jason started out by explaining how, during a recent appearance on the program, he felt a spiritual connection with Glenn, regardless of physical differences, as both share a common passion for God and country.

"Glenn and I share a kindred spirit. A kindred passion," Jason said. "We have two things that we love and are passionate about: God and country. I am not a minister. I'm a flawed sinner just like Glenn and just like you. But I am a believer. Believers share an energy that connects them, that cuts through our physical differences and makes those differences irrelevant relevant. That's what I felt when I met Glenn, an energy and a spirit that connects us. We are broadcasters, media personalities, operating in separate spaces, trying to talk to Americans, who share our passion."

Jason went on to say that he believes there are forces operating, both outside of and inside America, that are working to separate America from God, and that much of what we've witnessed in 2020 — from the racial division stirred by the mainstream and social media, to the rioting and looting by Antifa and Black Lives Matter, to the "remaking of the sports world into a shrine that celebrates resisting criminal suspects and denigrates this great country at every turn" — are symptoms and consequences of America's enemies separating God and country.

"We are one nation under God. We are nothing without Him," Jason continued. "The flawed sinners who founded this nation baked God into this country with their Declaration of Independence. We hold these truths to be self-evident, that all men are created equal. That they are endowed by their creator with certain unalienable rights. That among those, are life, liberty, and the pursuit of happiness. The foreign and domestic enemies of this nation are baking a new American cake. God isn't an essential ingredient in this new cake. He isn't an ingredient at all. The removal of faith is sewing the disharmony that is terrorizing and destroying the United States of America.

"Why am I here today? I'm here to tell you how we take our country back, how we restore the freedoms and the liberties our enemies seek to remove in their remaking of a godless America."

Watch the video below to hear more from Jason Whitlock:

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One of the most shocking things British journalist, political commentator, and author of "The Madness of Crowds," Douglas Murray witnessed during his recent stay in America, was how many Americans are acting as if they live in 1930s Germany or behind the Iron Curtain, afraid to stand up and speak out because they're afraid of the consequences.

Murray joined the "Glenn Beck Podcast" this week to explain why he believes the state of America is actually worse than we realize, and how the Left's obsession with rewriting history has ushered in guilt, fear, and a "silent majority."

Murray said he's particularly "fed up" with those on the Right who are afraid to voice their opinion because they don't want to become the target of leftist mobs on social media.

"Do you think anyone in history who told the truth had an easy time? You've got the easiest time that any opposition movement ever did in history," Murray said.

"You cannot have these people in America living in a free society — which is for the time being free — pretending that they live under the circumstances of Jews in 1930s Germany," he added. "Speak up. Speak out. Don't be a silent majority; be a very damn noisy majority. And don't put up with the oppression of people who are totally insincere ... they want to make money. They want to win. Nothing more. Call them out ... and get back to what you should be doing as a nation."

Watch the full interview with Douglas Murray below:

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New York City shut down its schools over the coronavirus with barely any notice. But even before that, Governor Andrew Cuomo apparently wasn't in the mood to be asked about it, and he made that very clear to reporters.

Asked on Wednesday whether parents could expect schools to be closed as soon as Thursday, Cuomo mocked reporters for their "obnoxious and offensive" questions and accused them of not paying attention. Watch the testy exchange for yourself here.

On Thursday's radio program, Glenn Beck and producer Stu Burguiere had plenty to say about Stu's least favorite governor and the decision to close schools. But Glenn also offered his own theory on why coronavirus restrictions have become so political: Americans refuse to be forced into submission.

Watch the video below to catch the conversation:

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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.

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Everything comes down to the two Senate runoffs in Georgia. If we lose both races, we lose the country. Democrats know this and are pouring in millions to usher in a Marxist agenda.

As the Left tries to hide how radical the two candidates really are, Glenn takes us inside the Democrat war room to expose the wolf in pastor's clothing, Raphael Warnock, and America's Justin Trudeau, Jon Ossoff. Socialism, the Green New Deal, and "defund the police" are all on the table. And Glenn warns of what's to come if conservatives don't activate: Chuck Schumer will weaponize the Senate, and the radical Left will launch an all-out assault to ravage the Constitution.

Watch the full special below:

The election and its aftermath are the most important stories in America. That's why we're offering our most timely discount ever: $30 off a one-year subscription to BlazeTV with code "GLENN." With BlazeTV, you get the unvarnished truth from the most pro-America network in the country, free from Big Tech and MSM censors.