One Last Update on the Patreon Tax Thing (Patreon)
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Hey in case you didn't remember, the new Patreon tax plan goes into effect day after tomorrow. Here's what I've put together now that it comes down to it:
-It shouldn't change anything at all if you live in Europe.
-It won't affect every state in the US, but Patreon is a bit vague in the post as to exactly what states will or won't be affected exactly.
-If the tax on your pledge does go up, the example they gave was that on a monthly pledge of five dollars, you could be charged anywhere from an additional ten cents to fifty cents depending on where you live.
-They also said the nature of my rewards may affect what new taxes apply. So I was instructed to state my rewards as clearly as possible in my tier descriptions for their A.I. to sort efficiently. (A chilling prospect I'll admit.) After giving them another look I deemed my rewards already described as clearly as I can make them without drawing diagrams. I gave all my tiers all the same "exclusive content" tag in the list of descriptions Patreon provided.
And that's what I know. Personally it rattles me whenever the company that puts a roof over my head decides to try and fix what isn't broken and shake things up for me and my supporters. But in this case it does sound like the situation is outside of Patreon's control, and they're just reacting here as best they can.
I hope I've explained things well enough. If any of you decide to lower or drop your pledges I completely understand. If not, thank you as always for your support, and I'll see you Thursday with the next page of TRW.