"Bags Over Common Sense Creatives = Common Sense is Oxymoronic: Why Don't They Show Us the real figures After IRS and Management Deduction?"

 


Short version: I know why many urban artists, especially in rap and hip-hop, seem to, in this "new school era," only talk about "bags," "money," and how much they’re getting from corporations—coming from a background of poverty that's incomprehensible to many, even within the same spectrum, yes poverty is a major reason - besides the inability to be motivated by more than money. 

But... hold on. Why don’t they ever talk about their net, not gross, earnings—post-IRS, tax, management deductions, etc.? And then, years later, they come back to the community to publicly discuss business affairs that happened behind corporate doors, with legal representation on both sides. Why don’t they ever mention that most contracts actually include clauses requiring their legal representation for enforcing the contract? What is this?


Alternative version:

In the current age of urban music, an impressionable trend among artists is their intense focus on material wealth—specifically, the accumulation of money and endorsements from corporations. However, there appears to be a significant gap in their braggadocio regarding financial realities. Why is there rarely any discussion of their net income after accounting for taxes, management fees, and other deductions?


Moreover, years later, when these artists return to their communities, they often engage unprofessionally in conversations about secret business dealings that take place behind closed corporate doors, typically with legal representatives present. 

I ask the question: why do they not address the specifics of their contracts, particularly the stipulations that require legal representation for enforcement in public / on YouTube ETC as much as they do the other stuff that probably is just as relative but arguably so?

What does this trend imply about the relationship between urban artists and their financial realities/? 

Is there an inclination to present an image of unfiltered success rather than engage in more art/ business globally educating discussions about the complexities of art/ financial management and contractual obligations instead of the creepy toasty boasty embarrassing displays and pronouncements, this IMHO should be relegated to Fred Flintstones stone age energy.




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