Bachelor / Bachelor candidates caught depriving government of PPP loans
I don’t need “reality TV stars” or their ilk very much. Now I have a new reason to be bothered by their very existence. According to a story that erupted on a The Bachelor subreddit, and is supported by ongoing research ProPublica has conducted on PPP payments, at least four former cast members of The Bachelor / The Bachelorette franchise has applied for PPP loans as part of their personal LLCs. At least three of them have, by this date, received these funds. Tayshia Adams’ one-member LLC, Tayshia Adams Media, received $ 20,833. Lauren Burnham Luyendyk and Arie Luyendyk Jr. a couple who met and married during a 2018 season of The single person received $ 20,830 for their husband’s Instagram “business”. Dale Moss, who appeared in the very short 2020 season of The bachelorette has been approved for $ 20,833 in COVID relief funds, but has yet to receive any payment.
This is all super shady nonsense. But, let’s talk for a moment about why an artist incorporates himself. This is actually something that came to light when Cynthia Nixon ran for Governor of New York. Cuomo tried to use the existence of his company against it, as proof that it would be in the pockets of big business. Truth be told, many artists and performers set up companies for themselves for tax purposes. These are usually S-Corps, known as “loan corps” because as an artist you lend yourself to projects and then get paid for it. Being incorporated makes it much easier for you to get paid and properly manage the taxes and fees associated with acting (agents, stylists, blah blah blah).
By examining the companies these Single people set up for themselves, they are national LLCs, which means they basically set up companies which they own and employees, but they are not responsible for the debts accumulated by said company. Their applications for PPP loans aim, for example, to support their influencing activities while falling under the category of “freelance writers, artists and performers”. I CALL SHENANIGANS! Winning a dating contest does NOT make you an artist or a goddamn artist. And having an Instagram account where you tag fashion designers or gel shill manicures doesn’t put you on par with a brick-and-mortar company that had to shut down and send employees home during the pandemic.
There are many real artists and performers who have suffered and struggled throughout the COVID epidemic and the lockdowns that have followed. Broadway tours have been suspended, Hollywood has closed television and film production, concert tours have been canceled. SAG-AFTRA has established a disaster relief fund for its members, as all secondary industries that usually employ actors have also been shut down. Did any of these people apply for PPP loans? NO. They were unemployed like the rest of us. They understood that these loans were for companies that were really struggling to pay their employees and stay afloat, not to support some scam shit on Instagram.
Earlier in the pandemic, it was revealed that some large multi-million dollar restaurant groups had requested and received federal money. At least most of these business owners had the decency to return the funds. Now that they have been arrested, what are these “influencers” going to do with their money? Can they be influenced to return it?
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