Glenn Beck: Taxing Success


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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."

The Biden administration is now doing everything it can to censor what it has decided is COVID-19 "misinformation." But Glenn Beck isn't confident that the silencing of voices will stop there.

Yeonmi Park grew up in North Korea, where there is no freedom of speech, and she joined Glenn to warn that America must not let this freedom go.

"Whenever authoritarianism rises, the first thing they go after is freedom of speech," she said.

Watch the video clip below from "The Glenn Beck Podcast" or find the full episode with Yeonmi Park here:

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Most self-proclaimed Marxists know very little about Marxism. Some of them have all the buzzwords memorized. They talk about the exploits of labor. They talk about the slavery of capitalist society and the alienation caused by capital. They talk about the evils of power and domination.

But they don't actually believe what they say. Or else they wouldn't be such violent hypocrites. And we're not being dramatic when we say "violent."

For them, Marxism is a political tool that they use to degrade and annoy their political enemies.

They don't actually care about the working class.

Another important thing to remember about Marxists is that they talk about how they want to defend the working class, but they don't actually understand the working class. They definitely don't realize that the working class is composed mostly of so many of the people they hate. Because, here's the thing, they don't actually care about the working class. Or the middle class. They wouldn't have the slightest clue how to actually work, not the way we do. For them, work involves ranting about how work and labor are evil.

Ironically, if their communist utopia actually arrived, they would be the first ones against the wall. Because they have nothing to offer except dissent. They have no practical use and no real connection to reality.

Again ironically, they are the ultimate proof of the success of capitalism. The fact that they can freely call for its demise, in tweets that they send from their capitalistic iPhones, is proof that capitalism affords them tremendous luxuries.

Their specialty is complaining. They are fanatics of a religion that is endlessly cynical.

They sneer at Christianity for promising Heaven in exchange for good deeds on earth — which is a terrible description of Christianity, but it's what they actually believe — and at the same time they criticize Christianity for promising a utopia, they give their unconditional devotion to a religion that promises a utopia.

They are fanatics of a religion that is endlessly cynical.

They think capitalism has turned us into machines. Which is a bad interpretation of Marx's concept of the General Intellect, the idea that humans are the ones who create machines, so humans, not God, are the creators.

They think that the only way to achieve the perfect society is by radically changing and even destroying the current society. It's what they mean when they say things about the "status quo" and "hegemony" and the "established order." They believe that the system is broken and the way to fix it is to destroy, destroy, destroy.

Critical race theory actually takes it a step farther. It tells us that the racist system can never be changed. That racism is the original sin that white people can never overcome. Of course, critical race theorists suggest "alternative institutions," but these "alternative institutions" are basically the same as the ones we have now, only less effective and actually racist.

Marx's violent revolution never happened. Or at least it never succeeded. Marx's followers have had to take a different approach. And now, we are living through the Revolution of Constant Whining.

This post is part of a series on critical race theory. Read the full series here.

Americans are losing faith in our justice system and the idea that legal consequences are applied equally — even to powerful elites in office.

Rep. Devin Nunes (R-CA) joined Glenn Beck on the radio program to detail what he believes will come next with the Durham investigation, which hopefully will provide answers to the Obama FBI's alleged attempts to sabotage former President Donald Trump and his campaign years ago.

Rep. Nunes and Glenn assert that we know Trump did NOT collude with Russia, and that several members of the FBI possibly committed huge abuses of power. So, when will we see justice?

Watch the video clip below:


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The corporate media is doing everything it can to protect Dr. Anthony Fauci after Sen. Rand Paul (R-Ky.) roasted him for allegedly lying to Congress about funding gain-of-function research in Wuhan, China.

During an extremely heated exchange at a Senate hearing on Tuesday, Sen. Paul challenged Dr. Fauci — who, as the director of the National Institute of Allergies and Infectious Diseases, oversees research programs at the National Institute of Health — on whether the NIH funded dangerous gain-of-function research at the Wuhan Institute of Virology.

Dr. Fauci denied the claims, but as Sen. Paul knows, there are documents that prove Dr. Fauci's NIH was funding gain-of-function research in the Wuhan biolab before COVID-19 broke out in China.

On "The Glenn Beck Program," Glenn and Producer Stu Burguiere presented the proof, because Dr. Fauci's shifting defenses don't change the truth.

Watch the video clip below:

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