50 Cent Doubles Down on Rejection of Biden's Tax Plan The rapper and businessman continues his social media tirade; bad fiduciary puns ensue.

By Kenny Herzog

entrepreneur daily
Amber Hilabi | Getty Images

There's a reason 50 Cent named his 2003 debut LP Get Rich or Die Tryin'. As the pandemic rages and partisan tensions flare leading up to Election Day, the rapper/actor/businessman put his hat in the ring for President Trump. In an Instagram post yesterday afternoon, the artist otherwise known as Curtis Jackson shared a screen grab from CNBC's Power Lunch showing speculative tax rates for wealthy individuals in certain states — as determined by the Washington, D.C.-based, business-friendly think tank the Tax Foundation. His accompanying caption read (among other verbiage, including a diatribe about the Knicks): "I don't care Trump doesn't like black people 62% are you out of ya fucking mind."

Naturally, conservative pundits took to social media with an armament of monetary punchlines. Fox News, in turn, picked up on both 50 Cent's tacit presidential endorsement and the subsequent preponderance of Twitter puns. One on-air host even adopted a crude urban patois while articulating Trump campaign advisor Katrina Pierson's pithy, pinned tweet about percentages.

Undeterred by backlash to his initial remarks, 50 tipped his hat right back to Fox News, sharing the clip and reiterating, "Yeah, i don't want to be 20cent. 62% is a very, very,bad idea. i don't like it ! #abcforlife nov 18 #starzgettheapp." Though at least this time, he was sure to plug the Starz app, ensuring a captive audience might enrich him further by paying for the network's streaming service so they can access the popular dramatic series Power and Power Book II: Ghost, both of which he co-executive produces.

Related: How Joe Biden's Tax Plan Could Affect Small-Business Owners

It's tempting to draw a parallel between 50's outburst and the ado surrounding Ice Cube's efforts to coordinate with the Trump administration on aspects of his plan to elevate Black businesses. But far more compelling and curious is the disconnect between 50's rich-man's lament and the purported ethos of the charity he co-founded, G-Unity Foundation, which advocated for investment in low-income communities. That said, the URL for G-Unity now redirects you to a clearinghouse for 50's infinite universe of for-profit branded merchandise.

For more information on Biden's tax plan, we recommend visiting his campaign's official website.

Kenny Herzog

Entrepreneur Staff

Digital Content Director

Kenny Herzog is currently Digital Content Director at Entrepreneur Media. Previously, he has served as Editor in Chief or Managing Editor for several online and print publications, and contributed his byline to outlets including Rolling Stone, New York Magazine/Vulture, Esquire, The Ringer, Men's Health, TimeOut New York, A.V. Club, Men's Journal, Mic, Mel, Nylon and many more.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Related Topics

Business News

I Tested the 'Invest As You Shop' App to See If It Really Makes Investing Less Intimidating

Grifin is an app that tailors a user's investments to their spending habits. Now, the app is getting even more personal.

Business News

Here Are 3 Strategies Startup Founders Can Use to Approach High-Impact Disputes

The $7 billion "buy now, pay later" startup Klarna recently faced a public board spat. Here are three strategies to approach conflict within a business.

Business News

'This Can't Be True': Google Responds to Viral Hoax Claiming the Company Is Shutting Down Gmail

The fake news release started making its way around X on Thursday.

Business News

Vice Will No Longer Publish Content on Its Website, Lays Off Hundreds of Staffers

Vice Media CEO Bruce Dixon announced the news in an internal memo to employees on Thursday.

Diversity

As a Black Woman CEO, I Built a Remote Company Not Just to Save Money — But to Mirror My Commitment to Diversity. Here's How.

To fuel innovation and global success, you absolutely need diverse perspectives — and having team members all across the world with varying thought processes, life experiences and viewpoints is the key.

Business News

Report: The Majority of Recent College Grads End Up in Jobs That Don't Need Bachelor's Degrees

Two research companies looked at a dataset of 60 million Americans.