Brett Cooper
๐ค SpeakerAppearances Over Time
Podcast Appearances
They might say, how do you really know what's a sin?
I would say from God, but obviously some people might not agree with that.
But these are called excise taxes.
and these are mostly imposed on alcohol and tobacco manufacturers, the people who are creating these products and distributing them out into society.
And these laws and these tax rates, they can vary from state to state, by product to product, all of that.
And these states will openly use these sin taxes to hopefully better the community.
This article reads, states use the revenue from sin taxes to apply towards achieving social and economic goals, what Fishback is talking about doing in Florida.
A few of the ways in which states may use their syntax dollars is through funding gambling and drug-related rehab facilities, building infrastructure, and improving education, which is what he wants to do in Florida.
But again, I understand if people are not convinced, if they do not think that that is a good idea, because these days, all of that money, it might be well-intended, but it might just be sent off to Somali terrorist groups.
The point being, Fishpack's idea is not that wild.
Casinos and gambling companies, they have to pay out a percentage of their net revenue on top of all of their normal business taxes.
Weed has excise taxes very much like alcohol and tobacco, so do vape products and on and on and on.
There are many categories like this.
The Trump administration is actually doing their own version of this kind of disincentivizing as they restrict the purchase of sugary foods, processed foods, sodas on Snap.
I would argue that that is a similar strategy of discouraging the population from buying something or using something.
So my point in bringing all of that up is that Fishback's idea, in theory, is not new.
What he is proposing right here, though, is just, it's being applied in a new way.
And Sophie is arguing, once again, that OnlyFans should pay the cost because it is the company, they are the ones distributing her content.
But my response to that would be that she herself is a company.
She is allegedly a $43 million a year company.