On the Patreon fee change (Patreon)
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I wanted to address the recent Patreon change in fee processing. I think it's a pretty terrible move and regressive, since it hurts people pledging with small amounts. The change is supposed to go through later this month, I have been paying the fee on pledges up until this point with no issue.
I want to put some facts out there:
- Patreon is by far my primary income source (far more than book sales)
- I pay state and federal taxes on Patreon income, around 20%
- I've had very steady growth in patrons up to this point, most of which are $2/month pledges. I think you'll see the same in other people on the platform, which means a majority of my patrons will be affected by this change, which in the long term will be harmful to my income, and the income of smaller creators on here. The long term is what matters to me.
I hope Patreon will renege on its decision due to the (very strong) public backlash, but if not I will probably change up the pledge tiers to accommodate for the fees by lowering them slightly. I intend to stick with Patreon for now because I like the community we've built here and I will definitely let you all know if I'm planning on changing platforms.
Thanks very much! There's some surprises coming soon here I hope will improve the mood.