50 Cent on why he moved out of New York, 58% tax rate

[UpAndComing]

"IRS my business partner now!!?!?"

"All I get is a Yankee cap? fukk it I'm going to Houston"



So many Millionaires are

Away from New York and California . Not gonna lie, this could have a negative effect in the future for both of these States if this keeps happening

 

[hatealot]

I wonder who controls the housing market in both those states?

 

[Amestafuu (Emeritus)]

Misleading tilted. 58% only on certain percentage. The elite always quoting these numbers out of context to rile up broke people who dream of having money to protect from the IRS

 

[Ezekiel 25:17]

All the broke boys bout to come in here and start complaining

 

[UpAndComing]

I wonder who controls the housing market in both those states?

I know China owns alot of California

 

[Kyle C. Barker]

Sounds like payroll taxes. He's getting taxed like an employee instead of a boss


I pay those too

 

[Scustin Bieburr]

"IRS my business partner now!!?!?"

"All I get is a Yankee cap? fukk it I'm going to Houston"



So many Millionaires are

Away from New York and California . Not gonna lie, this could have a negative effect in the future for both of these States if this keeps happening

Contrary to popular belief, millionaires don't re invest their money into businesses that will hire people. They spend it on luxury goods and organizations that don't employ that many people. They hoard their wealth.

Let em go. Maybe housing will finally be more affordable since they won't be jacking up the price by buying 1 and 2 bedroom apartments they won't even live in.

 

[NkrumahWasRight Is Wrong]

Misleading tilted. 58% only on certain percentage. The elite always quoting these numbers out of context to rile up broke people who dream of having money to protect from the IRS

Yes, but typically it's not good for states or countries to lose their most successful residents.

The amount of people leaving California and New York would suggest that taxes are too high or that those people do not feel like they are getting what they pay for in those taxes.

 

[bnew]

Yes, but typically it's not good for states or countries to lose their most successful residents.

The amount of people leaving California and New York would suggest that taxes are too high or that those people do not feel like they are getting what they pay for in those taxes.

 

[CashmereThoughts]

"IRS my business partner now!!?!?"

"All I get is a Yankee cap? fukk it I'm going to Houston"



So many Millionaires are

Away from New York and California . Not gonna lie, this could have a negative effect in the future for both of these States if this keeps happening

he was living in CT and then Jersey. he aint lived in NY (none of the NY rappers stay in NY) so I don't know why he acting like he was subject to NYS tax

 

[Geek Nasty]

Misleading tilted. 58% only on certain percentage. The elite always quoting these numbers out of context to rile up broke people who dream of having money to protect from the IRS

Well if you make $10 million a year im guessing that 58% applies to at least 9/10 your income

 

[Rev Leon Lonnie Love]

Tax wise which is better between living in NYC vs New Jersey?

 

[NkrumahWasRight Is Wrong]

I said most successful residents not the average resident.

 

[Remote]

 

[Remote]

Dudes sharing this like why should you give a flying fukk where 50 Cent lives?



Dudes out here really saying to themselves “Word? 50 moved? I guess I better pack my shyt”