50 Cent was forced to double-down on his statements against Biden’s tax plan. The rapper said that people should vote for Donald Trump.
“WHAT THE F***! (VOTE ForTRUMP),” the rapper, whose real name is Curtis James Jackson III, posted on Instagram. “I’M OUT. F*** NEW YORK The KNICKS never win anyway.”
“I don’t care Trump doesn’t like black people,” he added, “62% are you out of ya f***ing mind.”
Although he is wrong about President Trump not liking black people, 50 Cents’ concerns about 60% tax are certainly valid. The majority of Americans do not wish to pay such high tax rates.
After Trump senior adviser Katrina Pierson said that he “don’t want to be 20cent.”, 50 Cent tweeted: “Yeah, I don’t want to be 20cent. 62% is a very, very bad idea. I don’t like it,”
👀Yeah, i don’t want to be 20cent. 62% is a very, very,bad idea. 😟i don’t like it ! #abcforlife nov 18 #starzgettheapp pic.twitter.com/y9TsSs0o6Q
— 50cent (@50cent) October 20, 2020
CNBC reported that the Biden tax plan would give New York City and California a tax rate of 62% for earners of more than $400,000 annually.
“In California, New Jersey and New York City, taxpayers earning more than $400,000 a year could face combined state and local statutory income tax rates of more than 60%,” said the report.
“Under Biden’s plan, the effective tax rate for the top 1% would increase from 26.8% to 39.8%, according to the Tax Policy Center,” the report continued. “That means top earners in California and New York City would pay effective state and federal tax rates of around 53% — compared with the roughly 40% they pay in effective rates today. What’s more, if the Democrats win the Senate and can pass legislation removing the $10,000 cap on state and local tax deductions, the combined state and local tax rates for top earners could be even lower.”
50 Cent isn’t the only rapper to express support for President Trump. Ice Cupe recently worked with the Trump administration on a “Platinum Plan” for black Americans that he claims the Democrats kicked to the curb until after the election. Daily Wire Reported
“Facts: I put out the CWBA (contract with black America),” the rapper said on Twitter. “Both parties contacted me. Dems said we’ll address the CWBA after the election. Trump campaign made some adjustments to their plan after talking to us about the CWBA.”
“Things have got too serious. It would be irresponsible of me to have us hold our vote hostage,” Diddy said. “But it would also be irresponsible of me to let this moment go by and not make sure going forward we are doing what it takes to own our politics.”
Rapper Diddy did endorse Joe Biden for president, he did concede that Democrats have done little to help black people and created his own “Our Black Party.”
“Things have got too serious. It would be irresponsible of me to have us hold our vote hostage,” Diddy said. “But it would also be irresponsible of me to let this moment go by and not make sure going forward we are doing what it takes to own our politics.”
