2min chapter

My First Million cover image

Rich People's Tax Credit Scheme, Harvard's Healthy Finances & My9

My First Million

CHAPTER

How to Make a Million Dollar Movie

Movies aren't really the best money makers, so you need a little bit of an additional incentive if we want wealthy people to do this. So now what happens? You put down, let's say, 150k, you put in a 150k of cash and you get a million dollar deduction. A million dollar deduction is saving you $400,000 of taxes. Why does the state want it? Right? Because state wants jobs, state wants, if something's filmed there and it looks cool,. It's tourism, maybe if you let's say you filmed in New York and looks really glamorous. Now you're going to get $300,000 from the state in order to do

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