Rapper and producer Curtis Jackson, better known as 50 Cent made headlines on all social media when he encouraged fans to vote in favor of Donald Trump in the presidential election.
Jackson stated that he saw a news broadcast stating that some New York City residents will be taxed at a rate of 62 percent under Joe Biden’s tax plan and that he does not want to become “20 cent” under the Democrat Biden’s plan for higher taxes.
The “Power” producer tweeted, “Yeah, I don’t want to be 20 cent. 62% is a very, very, bad idea. I don’t like it!”
The unexpected endorsement of the Republican incumbent came two weeks before the election as Trump tried to broaden his support among black voters, especially by highlighting Biden’s role writing 1980’s and 90’s legislation that contributed to the “mass incarceration” of minorities.
Biden is raising tax rates for corporations and people making $400,000 or more per year. This would be reversing part of Trump’s 2017 tax law that reduced the top federal rate for individuals from 39.6 percent to 37 percent.
“WHAT THE F—K!,” 50 cent posted.. “(VOTE FOR TRUMP) I’M OUT, F—K NEW YORK.” and then added: “I don’t care Trump doesn’t like black people 62% are you out of ya f–ing mind.”
When further number crunching came into play, it confirmed that the only income over $400,000 would be taxed at the higher rate of 39.8 percert, with the first $399,999 taxed at lower marginal rates.
It means that there is no realistic situation where the rapper will actually end up paying 62% of his income in taxes.
However, the endorsement was enough to receive the support of right-wing commentator Candace Owens, who posted a series of praising emojis on the rapper’s Instagram page.
Some students at Jackson State University feel that the millionaire is over reacting to the situation.
Alexis Morgan, a senior business management major from New Orleans, La., said, “That man is a trip, because why is he complaining about taxes being raised if he got the money to cover it.”
Morgan stated that she understands that taxes can be a bit expensive, but does not feel bad for the artist.
“If he thinks those taxes are high for him, then just try making it not as a celebratory paying taxes,” Morgan added.
Sean Taylor, a graduate student majoring in healthcare administration from St. Louis, Mo. said he thinks 50 Cent is out of his mind over the taxes being raised because he is currently making money from every direction possible.
“Don’t get me wrong, I like 50 Cent as an artist, but paying taxes is different for a person who is worth $115 million after taxes than the average person after taxes,” said Taylor. “Trump doesn’t even like his family so why try to endorse him when he obviously doesn’t care about us?”
Chelsea Handler, who is the rapper’s ex, tried to convince him to vote democrat.
“I had to remind him that he was a black person, so he can’t vote for Donald Trump and that he shouldn’t be influencing an entire swath of people who may listen to him because he’s worried about his own personal pocketbook,” said Handler in a recent interview.
All in all, Jackson previously described Trump’s presidency as “an accident” and claimed that he had been offered $500,000 to endorse his campaign.
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