Since her rise to fame, Cardi B has always been pretty transparent about her expenses (back in July, she posted her bank statement on Instagram to prove she paid cash for her new Lamborghini Aventadors to some doubtful fans). In a now-deleted video, the Bronx-born rapper opened up about her finances once again, this time responding to those who criticize how celebrities spend their money.
“I hate when celebrities do something very extravagant, buy something very luxurious, and there’s people in the comments like, ‘You could have donated that,’” Cardi B said. “Do you know that artists, celebrities — the IRS, out of every check that you make, they automatically take 45 percent,” she continued. “That means in order to spend $500,000, you gotta make at least a million.”
And while that level of income isn’t relatable for most of us, Cardi did point out something that those who are the children of immigrants might understand – familial expenses. “Artists like me and a lot of rappers that I know, they literally take care of their whole family,” she said. “And that’s not tax [deductible] because the IRS don’t consider that a business.” This isn’t the first time Cardi has expressed her frustration with the IRS and their tax policies; last March, she posted a video demanding to know how the government was using the money they collected from her income.
Cardi also shared her monthly bills – about $250,000 to $300,000 – which includes expenses for personal upkeep. Stars…they’re just like us?