Rapper and entrepreneur 50 Cent has recently stirred the pot on social media, but this time the topic is not music or celebrity gossip—it’s politics. The artist, known for his outspoken views, took to Instagram to express his disapproval of New York’s likely next mayor, Zohran Mamdani, particularly concerning his proposed tax policies.
In a clip shared from “The Breakfast Club,” Mamdani, the Democratic candidate for mayor, outlined an ambitious plan aimed at raising $10 billion to support New York’s economic agenda. This proposal is also designed to safeguard the city from potential cuts in federal funding. Central to Mamdani’s strategy is a significant increase in the corporate tax rate, which would rise to match New Jersey’s 11.5%. Additionally, he plans to implement a flat 2% tax hike on the top 1% of earners—those making over $1 million annually.
Mamdani even addressed 50 Cent directly during the interview, acknowledging that the rapper would likely not be pleased with the proposed tax changes. “I know 50 Cent is listening; he’s not going to be very happy about this,” Mamdani remarked. “But I want to be very clear—this is about $20,000 a year.”
The rapper, known for his candid opinions on fiscal matters, did not hold back in his response. 50 Cent has a history of criticizing high tax rates and has previously joked about relocating from New York due to the financial burden. His disdain for elevated taxes, especially those targeting affluent residents, has become a recurring theme in his public persona.
As the mayoral race heats up, it’s evident that 50 Cent may continue to provide political commentary on this issue. With his considerable following, the artist’s views could influence public sentiment regarding the tax policies of the Democratic candidate.
The discourse surrounding Mamdani’s tax proposal raises important questions about the balance between funding city initiatives and the economic impact on high earners. As the election draws nearer, it will be interesting to see how 50 Cent’s critique resonates with the electorate and whether it prompts a broader discussion on fiscal policy in New York City.
As opinions form on this contentious issue, one thing is certain: 50 Cent’s voice will likely be a prominent part of the conversation. What are your thoughts on Mamdani’s tax plan? Should 50 Cent consider relocating his business interests? Share your views in the comments below.