Jay-Z Speaks On Paying More Taxes & Fighting Poverty [VIDEO]

in Top Stories / by hiphopucit / on December 11, 2011 at 7:44 am /

After his t-shirt venture “Occupy All Streets” drew criticism, Hov speaks on the protests against the one percent.

Jay-Z recently spoke with CNN, touching on the financial condition of the economy and weighing in on the Occupy Wall Street movement. During the interview, he stated that he wouldn’t mind paying more taxes as long as there was transparency on where the funds were being allocated.

“I think me personally, I wouldn’t mind paying more taxes if it went to things that really mattered,” he said. “If it went to education and people in poverty, if it went to the right things, I wouldn’t mind. I think it should be clearly defined where all the money is being allocated.”

He elaborated by explaining that he would be open to paying more taxes if the money was going to the right causes, and that most people in the one percent would comply.

“Again, with my answer, I was pretty much in the middle of both sides because you can understand paying so much for taxes and then things not improving. You’re like, where’s everything going to? It should be open accounting of where everything’s going to. I’m sure if it was for health care and education and to help people, I think most people with a conscience and some integrity and moral fiber wouldn’t have any problem paying more taxes.”

Hov also applauded the Occupy Wall Street movement, stating that it’s an opportunity for a generation to be heard. He said that typically localized conversations have the chance to be heard on a global scale and that protestors are “really getting to recognize the power of your voice.”

“I think it’s saying a lot all over the world that people can get their voice out there and fight for a better world. I support all sorts of movements. There are so many different fights that we must take on – education and health care and poverty – there are so many different fights that we must take on. It’s good that young people are getting out and getting their voice heard, especially in this time of social media where that argument on the block or that thing that takes place in a small place or a small neighborhood is being viewed globally. You’re really getting to recognize the power of your voice.”