Jay Z: Most People With a Conscience Shouldnt Have A Problem Paying More Taxes

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Multimillionaire rapper Jay-Z said he wouldn’t mind paying more taxes — and anybody with a conscience shouldn’t either.

“Me, personally, I wouldn’t mind paying more taxes if it went to the things that really mattered, if it went to education, people in poverty,” Jay-Z said in an interview with CNNMoney Thursday. “If it went to the right things, you know, I wouldn’t mind.”

“If it was for healthcare and for education and you know to help people — I think most people with a conscience and uh, you know, some integrity and moral fiber wouldn’t have any problem paying more taxes,” he added.

Jay-Z — real name Shawn Carter and the subject of a recent course at Georgetown University — made Forbes’ list as hip hop’s highest 2011 earner with $37 million, and has an estimated fortune of $450 million.

He said he thinks there should be “open accounting” of how taxpayer dollars are spent, however, and said he understands taxpayers’ frustration with paying taxes and not seeing any actual improvement.

“I think it should be more — it should be clearly defined where all the money is being allocated,” he said.

Jay-Z has been openly supportive of the ongoing Occupy Wall Street movement, including with an “Occupy All Streets” T-shirt line.

“I think it is saying a lot all over the world that people can get their voice out there and fight for a better world, education and health care and poverty,” he said. “It’s good. It’s a good thing that young people are getting out and getting their voice heard.”

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