Donald Trump Claims He Made Taylor Swift Rich (He Didn’t)

The post Donald Trump Claims He Made Taylor Swift Rich (He Didn’t) appeared first on Consequence.

In the hours leading up to the Super Bowl, former president Donald Trump took a swipe at Taylor Swift over her alleged support of President Joe Biden.

“I signed and was responsible for the Music Modernization Act for Taylor Swift and all other Musical Artists. Joe Biden didn’t do anything for Taylor, and never will,” Trump wrote in a post on his social media platform, Truth Social, on Sunday. “There’s no way she could endorse Crooked Joe Biden, the worst and most corrupt President in the History of our Country, and be disloyal to the man who made her so much money.”

“Besides that, I like her boyfriend, Travis [Kelce],” Trump added, “even though he may be a Liberal, and probably can’t stand me!”

While it’s true that Trump signed the Music Modernization Act (MMA) into law during his presidency in 2018, Swift wasn’t a significant beneficiary of the law, as the non-profit Future of Music Coalition explained in a Twitter thread responding to Trump’s comments.

“Taylor wasn’t really a huge beneficiary of the Music Modernization act. It mostly targeted songwriters who weren’t successfully collecting mechanical royalties and pre-1972 artists who weren’t getting paid for satellite radio plays,” the Future of Music Coalition wrote. “It did alter the rate standard for mechanicals which did pave the way for some rate increases, which of course is ultimately good for all songwriters. It also eliminated the risk of infringement lawsuits for streaming services trying to pay those mechanicals.”

The Future of Music Coalition added, “Whatever you think of him, Trump didn’t really have anything to do with the passage of the Music Modernization Act. He did sign it, and he could have supposedly vetoed it, but that would have been extremely unusual for something so relatively uncontroversial.”

In reality, Swift reached new levels of wealth during Joe Biden’s presidency, achieving billionaire status thanks in large part to her record-setting “The Eras Tour,” its companion concert film, and the six new albums she has recorded and/or released in the last three years.

It’s also worth mentioning that while Swift supported Biden in the 2020 presidential election, she has yet to endorse him in 2024.

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Donald Trump Claims He Made Taylor Swift Rich (He Didn’t)
Scoop Harrison

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