Video: Jay-Z Is Fine With Higher Taxes For The Rich

Via Life Files / Russell Simmons

Jay-Z has now joined his mentor Russell Simmons in his measured support for higher taxes on rich folk such as himself, telling CNN, "I wouldn’t mind paying more taxes if it went to the things that really mattered. If it went to education, people [in] poverty and if it went to the right things." He continued, “It should be clearly defined … where all the money’s being allocated. Because you can understand paying so much for taxes and then things not improving, you’re like, where’s everything going to?” We await the "Jay-Z for OMB director" campaign with bated breath.

CNN anchor Poppy Harlow also asks the rapper/businessman/baby-bump creator what he feels about the Occupy Wall Street movement, noting that he doesn't support it "financially" but promotes the "message" on his t-shirts. “It’s good. It’s a good thing that young people are getting out and getting their voice heard.”

Jay-Z may not have to worry about being taxed more if the GOP successfully calls President Obama's "You're in the pocket of rich people" bluff. House Republicans have proposed a bill to counter the failed Democratic Senate bill that would pay for an extension of the payroll tax cut with cuts to Medicare, unemployment benefits, and would speed up the Keystone XL pipeline. Obama has said he'd veto it, but he's been ~~without spine~~ amenable to changes before!

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By Christopher Robbins in Arts & Entertainment on December 10, 2011 4:40 PM

Comments [rss]

speedster

Jay Z is the man. Working people are the backbone of NYC. Like NYC Taxi Drivers. Fare Play!

http://www.youtube.com/watch?v...

"Tim Osman"

That's great Mr. Z, way to step out on a limb and really go for it!

AaronRed99

Well if he is so comfortable with redistribution of income, please send me a check for $10MM and we will call it even.

BBnet3000

Youre confusing the redistributive effects of public services with actual cash transfers, which are a very small portion of government expenses.

AaronRed99

Oh thanks for the clarification. Now where is my check?

valerick

Right. Because donating a fortune to a single individual has anything to do with anything. Way to contribute, Aaron! You typed words on the internet! Here's your gold star.

Pixelwhore

OH SNAP! I believe that's called getting owned Arron. HAHA

Paul Bagorio

i agree we should have a handle on all the money we collect and where it goes and how it is spent.
Wedding Planners Chicago

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Guest

Then you agree that the tax should be lower and we should have a direct part in giving to charities instead of letting the government screw it up?

Roger_the_Shrubber

How much did the tax-payer funder, unauthorized war in Libya cost?

Oh wait, that was a democrat president, it's cool.

valerick

Your comment would TOTALLY be relevant if it wasn't in response to an article whose only reference to Obama is a criticism.

It would still be stupid, but at least it would be relevant.