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'
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.
I get some of these simplifications for the sale of discussion but the federal corporate income tax rate is 21% (yes, at least half of us are subsidizing corporations)
You’d expect her to being paid some salary as an employee of her corporation, and depending how the wrote it, it’s possible only that would be subject to sin tax, and it’s relatively insignificant
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.
So we’re assuming someone who makes $89M is
I get some of these simplifications for the sale of discussion but the federal corporate income tax rate is 21% (yes, at least half of us are subsidizing corporations)
You’d expect her to being paid some salary as an employee of her corporation, and depending how the wrote it, it’s possible only that would be subject to sin tax, and it’s relatively insignificant