50 Cent apparently supported President Donald Trump and promised to step away from New York City while sharing an assessment of how the Democratic presidential candidate Joe Biden’s tax plan could be expensive for the rich New Yorkers.
The rapper and entrepreneur, also known as Curtis Jackson, said on Monday that he shared a picture of the CNBC Power Lunch program on social media. The picture included figures from the Tax Foundation study of Biden’s plan, which found that the top 1% of New York City earners could face a combined federal, state and city statutory tax rate of 62%.
Among the states mentioned was New York, which the broadcast said would be taxed at a rate of 58% while New York City would be taxed at 62%.
Fif explained his frustrations with the Democratic presidential candidate, who appears to be seeking to increase taxes for New York City, New York State, New Jersey and California taxpayers earning more than $400,000 a year.
Jared Walczak of the Tax Foundation told CNBC that the top rate for the wealthiest in New York City could reach a combined rate of 62 per cent. Top combined rates would not be uniform across the country, as national and local taxes vary widely depending on where a person lives.
The top federal income tax rate for those earning more than $400,000 would go from 37% to 39.6% under Biden’s plan, the highest level under former President Barack Obama. In addition , a new 12.4% payroll tax, evenly divided between employers and employees, would apply for those earning more than $400,000.
Shortly after, 50 Cent shared another post, seemingly to boast about his wealth.
“I just remembered i’m bankrupt, so i’m looking for a gracious loan can anyone help a brother out. LOL,” he wrote alongside a photo of himself smiling.
He capped off the post by adding two hashtags to represent the alcohol brands he owns: “#bransoncognac #lecheminduroi.”
50 Cent immediately moves close to the top of the list of celebrities who have endorsed Donald Trump, which includes Kid Rock, Jon Voight, Roseanne Barr, Kirstie Alley, Scott Baio and several others.
Kirstie Alley: ‘I’m voting for Trump’
Kirstie Alley recently voiced support for the President, citing his lack of politics as reasoning for her backing.
Kirstie Alley took to Twitter on Saturday to let her followers and everyone else know her stance about the upcoming election.
“I’m voting for @realDonaldTrump because he’s NOT a politician. I voted for him 4 years ago for this reason and shall vote for him again for this reason,” tweeted the actress on Saturday. “He gets things done quickly and he will turn the economy around quickly. There you have it folks there you have it.”
Kid Rock: ‘KEEP AMERICA GREAT!’
The country rapper, from the battleground state of Michigan, joined Donald Trump Jr on September 14 for a campaign event in support of Trump’s re-election.
The singer has been a long-term supporter of the President, having visited him at the White House and the pair have enjoyed rounds of golf together in the past.
In March 2019, the rocker, who was wearing American flag trousers, posted a picture of him and the president on Twitter.
He captioned the image: “Another great day on the links. Thank you to POTUS for having me and to EVERYONE at Trump international for being so wonderful. What a great man, so down to earth and so fun to be with. KEEP AMERICA GREAT!! – Kid Rock.”
Rapper Ice Cube has been advising the Trump campaign on black issues.
He insisted he is “working with whoever is in power” as he was forced to defend himself for working with the President.
The 51-year-old musician and actor said “he’s on nobody’s team” and he was helping the President create policies to better serve African Americans.
Critics have accused him of being used by Trump as Republicans attempt to win black votes leading up to the election.
Stacey Dash: ‘Why do you keep voting Democrat and nothing changes?’
The Clueless actress backed Trump’s presidential campaign as early as June 2016.
She told New York Times journalist Nicholas Ballasy at the time: “Why do you keep voting Democrat and nothing changes?”
Ms Dash voted for Barack Obama in the 2008 election before changing her political stripes.
“Try something new. Especially a guy who’s not the establishment. He’s not the man as they say it. The establishment doesn’t even like him. But, he’s a Republican. He’s a conservative.”
Conor McGregor: ‘Phenomenal President’
He said: “Phenomenal President. Quite possibly the USA goat [greatest of all time]. Most certainly one of them anyway, as he sits atop the shoulders of many amazing giants that came before him.”
The Irishman has criticised anti-Trump protests in the past and shares plenty in common with UFC president Dana White. White endorsed Trump at the 2016 Republican national convention.
James Woods: Trump loves America more than any President in my lifetime.
The conservative actor is a loyal Trump supporter and isn’t afraid of showing his allegiance to the Republican party.
In May, he tweeted: “Let’s face it. Donald Trump is a rough individual. He is vain, insensitive and raw. But he loves America more than any President in my lifetime.
“He is the last firewall between us and this cesspool called Washington. I’ll take him any day over any of these bums. #Trump2020.”