Can someone estimate Ashton's income from the "40% tax bracket" comment? I'm a retard, I don't know how Canadian taxes work
Well, it bears noting that Ashton speaks in estimates and reporting his top tax rate as his aggregate tax rate (this is common and even I made this error in my analysis and didn't catch it til review. The error was in his favor, so I kept it in to steelman his case). It is impossible to for any dollars to be taxed at 40%. By combining national and provincial rates (localized to Ontario, we are operating on the assumption that he is truthful about currently residing in the Toronto area) we have 41.6% at 173, 205 CAD and 38.6% at 173,204 CAD. 173,205 CAD = just shy of 121K USD. The front channel paypiggery doesn't come close to 90K USD, yet his statement is only sensible if he makes at least that.
At 112K CAD we have a top tax rate of 37.16%. Please note that between 112K CAD and 173 CAD the top tax rate only varies by less than 1.5% Even at 112K CAD (just shy of 79K USD), speaking of a 37.16% tax rate as "about 40% makes sense. It does not make sense for any earnings under 79K. Ashton's earnings, prorated for all current confirmed earnings, are at minimum 80K, well above the 54K plus variables of the previous estimate. The variables of the previous estimate do not include things like his side project earnings, back channel paypiggery or shows that drastically smash the goal but are offset by large tracts of time off. We know from the IWS leaks that there is Discord specific content in the same vein where they originally were to have gumroad specific content. It is impossible to estimate that, but these are people who drop 50-100 subs for "Destination Stone" We know a Warski pig once dropped 2K to review an anime (scammed goal, long story) so we can only imagine how much they pay for customized content of no interest to their general audience. This knowledge that Ashton makes AT LEAST 80K USD (I suspect 90-110K) but even if we run with 110K, he's blowing it all on hedonistic pursuits, not unlike Warski, Styx and Phil. Toronto is effing expensive and all these calculations are pre tax and once you apply tax to the calculation, the disposable income is well under what I thought, even in the steelmanned case.
I got a little off topic, but the tl;dr is that Ashton has to have annual projections in excess of 79K for that to be a sensible statement, but the analysis doesn't change until after the 120K mark. This would require a LOT of back channel paypiggery, but we are talking about a pig that blew 5K a day for 5 days once for Ashton's company, so who knows how high this is? It is IMPOSSIBLE to present a methodology that even sets an educated guess.
