50 CENT SAYS HE VOTING FOR DONALD TRUMP! BLACK PEOPLE FEEL "BETRAYED".

i was about to head to dinner but i. decided to hop on my live because i saw. i know i'm about three hours late. that 50 cent basically just posted on. his instagram and twitter a couple of. hours ago. um that he's voting for trump and the. reasons why. quick little screenshot he put of the. tax rates that are going up in various. states and what it would look like under. joe biden rather. um which is something like 60 in new. york 62 percent in california i mean. these numbers are insane you've never. seen them. i really quickly want to just uh say. something to defend 50 cent.

because i am just seeing so much. ignorance in his comments. um from majority of black people saying. they're done with him. and it's because he's rich and he's. betrayed them no it's because he's smart. and you're not. okay and i'm going to explain to you now. what you don't understand about what. he's saying. because tax cuts are not for the rich. and this is what is this is what happens. this lack of understanding is what. happens. when a school system gets washed of. actual education so instead of learning. about. uh taxes and about tax revenue and tax. rates. and how it works you guys are learning.

about black lives matter and white. privilege and um why you should be sad. because you're black and. how it hurts and here's your safe space. none of you are learning anything. you have no idea what you're talking. about you are. really just give yourselves an old. school no fives okay. if you actually believe that joe biden. is only gonna raise taxes for people. that are making more than four hundred. thousand dollars. because what it shows is that you you. you have to be extremely ignorant about. economics okay just extremely ignore. economics. so first and foremost there's a packet.

that i want you to read an essay by. thomas soul called. um trickle down economics and tax cuts. for the rich. i have it somewhere behind me i'm gonna. grab it in a second so you can go read. it and understand. what tax cuts for the rich actually. means because it's the only thing that. actually. helps poor people with their taxes poor. people. pay less taxes okay when rich people pay. less taxes let me explain to you how. that works okay. so 50 cent is saying i'm not paying. these taxes. rich people all over different states.

that are hiking taxes right now are. saying i'm not paying taxes. now when they say that they're not. saying that bluffing they're literally. moving picking up and leaving the state. so let's just walk through a common. sense scenario for you. let's say the state decides that it. needs to tack it needs to collect a. total of let's make it an easy number. 100 000 in taxes in the state of. california okay. and let's say that state keeps raising. and raising taxes on rich people and. rich people finally say you know what. i'm leaving the state right so if you.

think that you're gonna just tax. rich people 90 percent and they're going. to stay in the state you're an idiot. rich people are the ones who can afford. to leave the state okay. so let's say california right now for. example the daily wire they employ 75. people ben shapiro. they pay massive amounts of tax in. california what happened. california taxes got too high and they. just announced that they're leaving and. moving to nashville. that means they're not going to be the. one paying that figure. figurative that i just made up a hundred. and thousand dollars in tax revenues. that the government needs to.

um collect right same for joe rogan joe. rogan had enough of california he moved. to texas where there is no income tax. tennessee nashville. there is no income tax so which people. have the option to pick up their entire. families and companies. and leave okay so they've reached the. point of no return. same for charles schwab a billionaire. right lived in california forever his. whole life. all of that money your attack you're. actually collecting from a billionaire. in your state. california got out of hand so what did. charles schwab do he picked up. uh schwab corporation and he moved it to. texas where there was no income tax.

right. that's the end of that story elon musk. saying he's picking up and leaving. tesla because of because of taxes and. covert 19 restrictions. that's the end of that story so what. happens when a government okay because. you you guys need to understand this. when a government taxes rich people so. much that they all. leave do you think the government then. turns to the poor people and says. well it looks like all the poor people. are gone so we're just gonna have no. more taxes i guess. no you fools that's not what happens.

what happens is the government then. turns to poor people and. raises their taxes i'm not making up. this scenario. it's happened in america multiple times. you can read about it actually happening. in times like the like the great. depression when they raise taxes. to an unbelievable rate right rich. people will always hide their money. they can hide it legally by the way i'm. not talking about fake ways to hide it. they can invest in municipalities. there are bonds that they can invest in. right to build parks they can hide their. money for five years and get it.

for five years and the tax rate is more. favorable these are legal these are. sanctioned by the government. and of course they're gonna do that i i. would certainly if i was living in a. state that was taxing like crazy. looking to putting my putting my money. in some sort of a bond system. which would make sure that i didn't have. to pay taxes on it for a while. and could let it sit and mature right. you guys don't understand that because. you're so emotional. that all you hear is tax cuts for the. rich now. tax cuts for the rich what happens under. that scenario look it up it's happened. historically okay. when the government lowers taxes for.

rich people and rich people go. oh wow that's actually a very low great. tax rate they're happy to pay the. majority of the taxes. that's what happens there's a reason so. you know what state is going to be. thumbs up in a couple of years it is. thumbs up now. texas for all the rich people are moving. they're gonna you're gonna see their. economy boom. the neighborhoods boom and they're gonna. be happy to absorb and pay the majority. of taxes. you know what happens in that scenario. when rich people are given a tax cut. so are poor people it's not an either or.

it's both. because rich people are happy again to. pay all of the taxes. the majority i'm talking about and it. has happened historically read this. pamphlet that i am talking to you guys. about okay. it literally spells out to you what is. going on. why it was good for poor people when. trump announced a tax cut. because then it de-incentivizes rich. people. to hide their money from the government. if they're okay paying it when i keep. saying hi. again i'm not talking about a criminal.

criminal hiding there are legal ways. that you can hold your money so that you. don't have to pay taxes you can move. different states. they can move different countries poor. people can't do that. poor people can't wake up one day and go. you know what let's move to nashville. this tax rate's too high you know let's. just let's just get up and. go to texas this tax rate is too high. poor people are stuck. because the government has to collect. its revenues so. what joe biden is proposing if you just. understood this entire video. is something that is going to hurt poor.

people because. rich people are going to leave so you. just saw. 50 cents say i've had enough with that. right these are the people that i'm. talking about. he's already paying for the majority of. you people who don't understand that. that they're already paying for the. majority of you now you've pushed him. past a point of no return. so he's voting with his brain if you're. upset because he's not emotional and he. understands. how this system works and he's not going. to be an idiot and let joe biden. say you're already paying the majority. taxes but you have to pay more.

the problem isn't 50 cent it's you. because you're not learning anything in. school. because you have to come on to instagram. because you think you hate canis owens. because you don't understand economics. and tax revenue and tax rates okay i. don't really care how you feel about me. i really don't i'm not here to be your. friend. really never never been like i really. hope everybody wants to be my friend. i really don't i want to be smart i want. to be smart and i want to be successful. so i study this stuff so i read these. books on economics so i can understand. why it works this way this is the reason. they're dumbing down the school system.

because they love. everybody to be emotional especially. minorities look 50 cent 50 cent. betrayals look at him he betrayed us. because he's rich. no he didn't portray you the school. system betrayed you the school system. failed you the fact that you don't know. this. and you're coming to my instagram to. learn it that is how what's what's. failed you. be upset that they're talking about. removing more academics and they keep. wanna we're gonna teach race sensitivity. tell them to teach you economics. okay so you understand this you don't. let somebody slick talk you like joe. biden into accepting higher tax rates.

because that's going to happen in all of. your states if he wins that's what's. going to happen. across the entire country if he wins the. rich people are going to move. the rich people are going to hide their. money and poor people are going to be. stuck paying it. the end.