YouTube's Biggest Draw Plays Games, Earns $4 Million a Year

Re:YouTube's Biggest Draw Plays Games, Earns $4 Million a Year by fekberg on Tuesday June 17, 2014 @01:07AM (#7902938)

'disappear' was probably a wrongly used word. It's money that will never be his, the income tax is paid to the government and they use it like any other tax money.

There are different levels taxation in Sweden if I recall correctly the upper level takes out 70% of the income, that is income earned after $200.000. So if I understand it correctly that would mean he needs to pay $2.660.000 in taxes on those $4 million.

I could be wrong though, but that is my understanding of it. If he's got a corporation where the money goes, that's an entirely different thing. My assumptions are it's a sole proprietorship or equal to that.

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Re:YouTube's Biggest Draw Plays Games, Earns $4 Million a Year by quink on Tuesday June 17, 2014 @01:13AM (#7902952)

Wikipedia says 57%. And apparently he lives in the UK these days.

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Re:YouTube's Biggest Draw Plays Games, Earns $4 Million a Year by fekberg on Tuesday June 17, 2014 @01:31AM (#7902994)

Right, so there's a 57% income tax. But if it's a sole proprietorship he also has to pay the "employer tax" or whatever it is called.

I know nothing about taxation in UK, but I guess it also depends on where he has his company (if any) registered. Either way, it's a lot of money even if a lot of it is tax.

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Re:YouTube's Biggest Draw Plays Games, Earns $4 Million a Year by BESebastian on Tuesday June 17, 2014 @01:46AM (#7903029)

Yeah, he's in Hove, East Sussex. The local rag did a thing about him when he moved here.

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