50 Cent has been a vocal critic of Joe Biden for some time, and a new bid by the sitting president certainly isn’t swaying his opinion.
President Biden has proposed raising capital gains rates by 44.6% for those with a taxable income north of $1 million and investment earnings over $400,000.
This would presumably apply to the G-Unit boss, who owns a number of successful businesses in addition to boasting a decorated music catalog — and who was quick to disapprove of the plan.
On Thursday (April 25), he shared a report on Instagram by Wealth that read: “This would be the highest capital gains tax rate in over a century in the United States, and is part of Biden’s plan to equalize the taxation of investment income and wage income.”
Clearly upset, Fif wrote in his caption: “COME ON NOW JOE, THINK OF SOMETHING ELSE THIS IS NOT IT!”
The Queens, New York native previously called out President Biden for taking a vacation just weeks after the ongoing conflict between Israel and Palestine reignited last year. Congress was in a state of turbulence at the time as well.
50 took to Instagram last year to share a screenshot of a Daily Mail article with the headline: “Biden hits the beach with Middle East, Congress in chaos.” The report was accompanied by a photo of the president and his wife, First Lady Jill Biden, relaxing on a beach.
“hey Joe get the fvck up, we in trouble man!” Fif wrote sternly in his caption, demanding Biden get back to work.
Later that day, he shared another photo of the 81-year-old on a sun lounger by the coast and captioned it: “We got some real shit going on out here Joe. what’s the plan to get a tan and chill come on now.”
The Power mogul also criticized Biden a few months prior for his $30 million Harm Reduction Plan, which involves providing drug users with safe smoking kits and supplies to promote safety and “advance racial equity.”
“OK, I don’t understand what’s going on now,” he wrote on social media in response. “Let’s just give them some crack everybody loves CRACK. SMH.”
Before that, in 2020, he expressed his displeasure with Biden’s plan to increase taxes and stated he’d rather vote for Donald Trump in hopes of blocking it.
“WHAT THE FUCK! (VOTE For TRUMP) IM OUT, FUCK NEW YORK The KNICKS never win anyway,” wrote 50, who later relocated to Houston. “I don’t care Trump doesn’t like black people 62% of you out of ya fucking mind.”
