Patreon is adding tax (Patreon)
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Hello, everyone. Patreon is adding taxes to some features of campaigns. I'm not sure how much, or to which features but I just finished filling things out. It doesn't tell me what the numbers are either. But from the sounds of it the taxes will be added on top of pledge costs, rather than being subtracted from what I earn. (Because that went SO WELL last time they tried doing that with card fees...)
Because of this, if you are in one of the states that has demanded patreon start charging sales tax, you may need to adjust your max pledge caps to account for the change in price so you don't get charged more than you are comfortable with. I'm not a tax expert but I can roughly estimate it can change the cost for pledging anywhere from around 0% to 10% depending on what they consider taxable about my campaign. *hopefully* very little, but again, I have no idea.
Anyways, thank you all so much for your continued support.