As a guest tonight on MSNBC’s The Beat with Ari Melber, 50 Cent stated his opposition to President Biden’s tax increase plan and said Americans will move to low-tax areas of the country so they can “hold on to just what they are earning. Not to have it just taken from them by the government.”
Regarding Biden’s tax increase plan, 50 Cent said:
“His tax plan, I didn’t realize I would be paying 62% of my income back to the IRS. So that does change a lot. New York City will change dramatically. Like they are going to end up moving to different territories. You look at Silicon Valley, it is now in Austin, Texas.
So you’ll start to see people moving from these places to new places that make sense for them to hold on to just what they are earning. Not to have it just taken from them by the government.”
50 Cent then hinted that he will move to Texas where the tax burden is lower:
“I’ll move, Ari. I’m going to Texas. I’ve got my cowboy hat and everything. Everything is bigger in Texas, really beautiful people. Nice people in Texas.”