My First Million Rich People's Tax Credit Scheme, Harvard's Healthy Finances & My9
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Apr 25, 2023 Explore the intriguing world of rich people's tax credit schemes and how they optimize deductions. Delve into the financial powerhouse of Harvard University, with its massive endowment and tax-exempt status. Discover the entrepreneurial journey behind Andrew Wilkinson's Tiny going public. Plus, enjoy a humorous take on fitness, social media nostalgia, and the quirky new app concept, My9, designed to connect people. A captivating mix of finance, innovation, and humor awaits!
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Rich People Tax Credit Scheme
- Shaan Puri learned about a rich people tax credit scheme after selling Milk Road.
- He explored options to reduce his tax burden, considering real estate but finding it unsuitable due to his laziness.
Film Tax Incentives
- Film production tax credits allow 100% write-off of film costs upfront, incentivizing investment.
- Combining this with state tax rebates and international rights sales creates a system for large tax write-offs.
Ramit Sethi Debrief
- Shaan Puri and Sam Parr discuss their podcast with Ramit Sethi.
- Sethi's principled approach and focus on a few key things are admired by Parr.