50 Cent Criticizes Joe Biden for Tax Increase Proposal
Rapper and entrepreneur 50 Cent is once again making headlines for his outspoken criticism of President Joe Biden. This time, the issue at hand is Biden’s proposed tax increase on capital gains for those with high incomes and investment earnings.
President Biden’s plan would raise capital gains rates by 44.6% for individuals with a taxable income over $1 million and investment earnings exceeding $400,000. This would likely affect 50 Cent, who owns multiple successful businesses and has a lucrative music career.
Taking to Instagram to express his disapproval, 50 Cent shared a report detailing Biden’s proposal and wrote, “COME ON NOW JOE, THINK OF SOMETHING ELSE THIS IS NOT IT!” This is not the first time the Queens native has criticized Biden, as he previously called out the president for taking a vacation during times of conflict and chaos.
In the past, 50 Cent has also criticized Biden for his drug harm reduction plan and tax increase proposals. He even went as far as to express support for former President Donald Trump in hopes of blocking Biden’s tax plans.
With his latest comments on Biden’s tax proposal, 50 Cent continues to be a vocal critic of the current administration, making his opinions known to his millions of followers on social media.