The GPU company that provided the GPU to render the assets also deserves a cut, don't you think?
this post was submitted on 16 Sep 2023
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What country tax interaction has 45%
Most. Certainly the USA... Add up all personal taxes paid for income from city to county to state to federal. Don't forget to add FICA - Medicare, social security (and the self employed additional amount), and any extras that may apply.
Quick math... A developer in CA bringing in 250k/yr (gross) is hitting the 35% fed bracket. Total effective tax just to the fed is almost 23%. State tax same shit effective tax rate is about 8%. City tax may apply, adding 1% or so. OASDI is 6.2%. Medicare adds 1.45%. But self employed so double those. And oops, you make too much so 0.9% Medicare additional tax..... Add all that and it's over 46%.
There's a roughly $100,000 deduction for nonresident personal income tax and depending on the country, they can also subtract taxes paid on that money in their home country.