Posted on 10/20/2020 4:09:33 AM PDT by sevinufnine
Rapper 50 Cent has endorsed Donald Trump for president because of his favorable tax policies for the rich - and said he doesn't care if the Republican 'doesn’t like black people'. The 45 yr. old tweeted a shot of the tax rates proposed by Democratic candidate Joe Biden and running mate Kamala Harris. Biden's proposals could see those earning more than $400K a year hit with rates of 62.6 % for California residents, and 62 % for people who live in NYC. The rapper wrote: 'WHAT THE F***! (VOTE ForTRUMP) IM OUT. F*** NEW YORK The KNICKS never win anyway.'
He added: 'I don’t care Trump doesn’t like black people 62% are you out of ya f***ing mind.'
(Excerpt) Read more at dailymail.co.uk ...
Biden's plan would see the effective tax rate for the top 1% increase to 39.8% from 26.8%. The highest earners in California and New York City would be lumbered with effective state and federal tax rates of around 53%. Currently they pay around 40% in effective rates.
If Democrats manage to win the Senate they may also be able to pass legislation that would remove a $10,000 cap on state and local tax deductions enabling the tax rate for the highest earning members of society to be even lower.
Despite such promised, it would still see combined tax rates at their highest level for more than 30 years, according to MSN.
The top marginal tax rate would rise from 37% to 39.6% with an additional 12.4% payroll tax according to Jared Walczak of the Tax Foundation. In California the highest income tax rate for those earning the most would be 62.64%. New Jersey would see a combined rate would be 58.2% while in New York it would be even higher at 62%.
The rates could rise even further if tax hikes placed upon employers are passed along to their workers. Walczak suggests that the top combined rates might soar to more than 65% in California, 62.9% in New Jersey and 64.7% in New York. 'These rates would be the highest in about 3½ decades,' said Walzcak, 'and imposed on a broader tax base than was in place previously.'
Who told him Trump doesn’t like Black people?
This is the BS we have to deal with.
Turdy scent still doesn’t get it right with the hate black people comment.
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What astounds me is all those Hollywood elites who live on the West Coast fall into the $400K or more a year bracket. Yet they still support Biden/Harris. WTH????
I’m sure Mr. 50 Cent knows better, but his comment got the attention it was meant to!
I think he meant he does not care if people think Trump does not oije blacks. But that is too complex a thought for a street poet to formulate.
“What astounds me is all those Hollywood elites who live on the West Coast fall into the $400K or more a year bracket. Yet they still support Biden/Harris. WTH????”
Don’t worry, they will be taken care of, as they always have. It won’t impact them as there will be carve outs in the law that their tax accountants will use.
“What astounds me is all those Hollywood elites who live on the West Coast fall into the $400K or more a year bracket. Yet they still support Biden/Harris. WTH????”
Don’t worry, they will be taken care of, as they always have. It won’t impact them as there will be carve outs in the law that their tax accountants will use.
Yeah, cuz nothing says you hate people of color like fostering an economy with record low unemployment rates for them.
Fiddy cent isn’t the brightest bulb in the box. Invincible ignorance.
The guy has to add that in order to not lose a multi multi-million dollar contract with the shows he is executive producing.
So he gets to say don’t vote for Biden and still doesn’t have to sweat the ridiculous left.
We’re all tough talkers on this board but I have agreed with things to hold a job that I would never have outside of there.
Because nobody out there was going to pay my mortgage or for my food.
Even Trump has made statements from the past that don’t fit what he is all about.
And that I don’t think he meant at the time.
It’s easy to talk. Not so easy to deliver. 50 cent may have delivered a bunch of votes to us. I’ll take it
I don't know if he was serious or not, but I find it both ironic and tragic that the great strides in eliminating white anti-black prejudice over the past 5 decades, and after America elected a black President, the accusations of white anti-black racism are escalating.
The best thing for anyone who is lower on the socioeconomic ladder (whatever their race, color, background etc.) is to have the ability to be upwardly mobile via your efforts. That will be eliminated by people like Biden, Sanders, AOC, etc. No ambition, no aspirations, no dreams, but you will have government-sponsored dependency and mediocrity.
Yes, but as a previous poster so brilliantly stated:
“But that is too complex a thought for a street poet to formulate.” :>)
I get your drift.
“That will be eliminated by people like Biden, Sanders, AOC, etc. No ambition, no aspirations, no dreams, but you will have government-sponsored dependency and mediocrity.”
Sort of like “every kid gets a trophy” that basically slaps the one or ones who did the best right in their little faces and takes the wind out of their sails. Terrifying actually.
I will happily take it as well!
He doesn’t like the idea that he will be 26cents after Joe’s election.
Yes. I totally agree. The only people who are able to 'distinguish' themselves under socialist/Communist governments are those IN government, and whatever lackeys they have that support them (e.g. the compliant media, the fawning entertainment industry, attorneys who benefit from having government inundated with attorneys in elected office, and pseudo-intellectual academics).
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