ONE OF THE PRESIDENTS LATEST PROPOSALS HAS GLENN BECK FUMING: ‘ITS WRONG, ITS OBSCENE, ITS THEFT’ Glenn Beck was fuming on Monday after hearing that President Barack Obama will call for higher taxes during his State of the Union address on Tuesday. According to the New York Times, the president is specifically looking to raise the top capital gains tax rate from 23.8 percent to 28 percent, and eliminate what he calls the “trust-fund loophole,” which protects inherited assets. Beck said raising the capital gains tax will “kill the economy,” and said the government’s attempt to take the money you have worked your entire life to leave to your children is “wrong, it’s obscene, it’s theft.” “It’s not the government’s [money]!” Beck said on his radio program. “I’ve already paid you my 50 percent. My children have a right to the money I want to leave them.” Beck said taxes are already so high that if he wanted to leave his children his property, they would “not be able to afford the taxes.” Beck’s co-host Pat Gray added that it’s not just the “one percent” who will be affected by the president’s proposals. Aside from the impact on the economy, he noted that “there are a lot of middle class people who want to leave money to their kids.” He also reiterated that it is “not the government’s money” to take. “It’s a double tax at the very least,” Gray said. “Or triple tax. It’s been taxed.” theblaze/stories/2015/01/19/one-of-the-presidents-latest-proposals-has-glenn-beck-fuming-its-wrong-its-obscene-its-theft/
Posted on: Tue, 20 Jan 2015 16:00:00 +0000
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