OnlyFans model Sophia Rain slammed Florida gubernatorial candidate James Fishback after he proposed a 'sin tax' that would tax OnlyFans creators 50% of their income to 'disincentivize and deter a behavior'
If that 15% income tax is meant to be federal, I think Sophie Rain would be getting taxed at 37% instead.
I don’t know if the 50% “sin tax” would be something that could be used as a deduction on federal taxes or not.
In any case, this makes the point even more so…especially for someone pulling down 89 million a year. I’m sure not every OF star in Florida is making that kind of bank.
Funny, because even though that’s a total of 95% tax, it reduces $89 million down to $4.45 million, which is still enough to live a ridiculously luxurious lifestyle. For us plebs, that would mean we have to find some way to spend $370,000 every month. It just goes to show how much we under-tax the wealthy in this country.
If that 15% income tax is meant to be federal, I think Sophie Rain would be getting taxed at 37% instead.
I don’t know if the 50% “sin tax” would be something that could be used as a deduction on federal taxes or not.
In any case, this makes the point even more so…especially for someone pulling down 89 million a year. I’m sure not every OF star in Florida is making that kind of bank.
Funny, because even though that’s a total of 95% tax, it reduces $89 million down to $4.45 million, which is still enough to live a ridiculously luxurious lifestyle. For us plebs, that would mean we have to find some way to spend $370,000 every month. It just goes to show how much we under-tax the wealthy in this country.