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#I don't think she's 100% right about the tax situation bc you dont pay 48% on your ENTIRE income. You pay income tax in brackets.
furby-organist
·
1 year
Text
youtube
#video
#// the topic of artist exploitation by the entertainment industry comes up on this blog and this is a really good breakdown
#of what some of these contracts are like.
#I don't think she's 100% right about the tax situation bc you dont pay 48% on your ENTIRE income. You pay income tax in brackets.
#but idk what the tax brackets were like when this was recorded. Today she'd walk away with 1.6M after federal tax but before any state tax.
#(Idk what state they're from.)
#So yeah. And that's for a group who sold that many albums. Now imagine how it goes for a smaller artist.
#Throwback to Alexa & Angel contract negotiation talks... yeah this is something Alexa is passionate about when it comes to creators.
#Youtube
#I mean 300K is still a lot of money but that's not her annual salary. That's how much she made off album sales. It can take more than 1 yr
#to make an album. And once again: artists who arent selling 10mil albums. What does their pay look like?
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