Simu Liu slams Donald Trump's proposed tax plan that could benefit high-income earners the most.
this Barbie The star took to his TikTok on Tuesday to share his thoughts on the Trump administration's proposed tax cuts. He admitted that based on his income as a Hollywood actor, it looked like he would get a tax break; however, he said, "I don't need a tax break."
"Let me start by saying that I am not an American, I am Canadian, but I live in the United States. I own property in the United States and pay U.S. taxes. I read the new government's new tax plan and it looks like I get a break Tax," Liu explained in the nearly three-minute video. "I guess I'm just saying I don't need a tax cut. I'm happy to pay taxes. I believe I should pay taxes, and I actually believe people like me should probably pay more taxes. I'm very lucky, very privileged, and I Happy to pay my fair share.”
this Shang-Chi and the Legend of the Ten Rings The actor called Trump's plan, which seeks to extend a 2017 tax overhaul that expires next year, "really bad" because it would likely benefit upper-income Americans more than middle-class earners the most. Still, the president has proposed eliminating taxes on tips and Social Security income, while lowering the corporate tax rate.
"I'm just confused that so many Americans voted for a president who clearly was not in their best interest," Liu continued. “Instead of addressing the root causes of the huge wealth gap, we’re distracting the public with issues and really scapegoating women, people of color, queer people and trans people.”
He added, "I think I have a pretty good idea of what's going on, which is that capitalism is rampant and massive deregulation has really created these billionaires who have amassed so much wealth at the moment that they can buy media companies Easily influence politics and policy and change electoral processes.”
"I guess, in a very roundabout way, it's kind of scary for me to say I don't need a tax cut," Liu concluded in the video. "I guess I just gave myself a verbal promise that any money I save from this administration's tax cuts, I'm going to donate."
While the president has proposed his tax plan, it has not yet been submitted to Congress as Trump was just inaugurated on Monday. The plan also could face a tough battle with lawmakers.