50% of your revenue goes towards taxes, office space, and buying products and services to support your business.
Healthcare is still by far the biggest cost difference most people will face but even if you add all these things up, they don’t represent anything even remotely close to 50%.
I beg to differ. For a family of four in Texas, we paid nearly $15,000 per year for insurance and that's deemed a "good policy" (not great) meaning that it has a good PPO, most docs are in network, and most medications are $10-$50. Insurance premiums don't scale with income and that's not accounted for if I read your arguments correctly. If we compare two families of four led by "a freelancer" (as we're talking about here) in Dallas and one freelancer makes $100k but another makes $200k, both have to pay the same $15,000 per year in health insurance premiums. For the $100k freelancer, his health insurance takes up 15% of his gross revenue - that's absolutely going to get him close to or above @ollerac's 50% figure. Maybe not so for the $200k freelancer who only has health insurance account for 7.5% of gross revenue.
Stripe give you a `funding` property on a card source [0], which at least in the UK distinguishes between debit, credit and prepaid cards somewhat reliably.
I have the same "cold" allergy. I can walk into a room that is 10 degrees F cooler than, say, "normal indoor temperature" and if my quads/thighs are uncovered (shorts, for ex.), I will immediately start sneezing.
