Worse. You can start a non profit and have it purchase loads of books giving you royalties. Then “donate” the books for a write off and basically give yourself money tax free.
I was just thinking that! For bonus points, you call it a charity. It’s not like they’re ever going to investigate since your buyers are in on it. They want to get scammed by you. That’s the whole point.
Aren’t some of these books just for money laundering? It’s not like they’re intended to be read. At least that’s what I thought.
You publish some made up garbage book and then your donors buy them up, thereby transferring money to you in exchange for nothing of actual value.
Worse. You can start a non profit and have it purchase loads of books giving you royalties. Then “donate” the books for a write off and basically give yourself money tax free.
Meanwhile i paid over 100k in federal taxes
You made almost 375k last year? Oh boo hoo
Wouldn’t it be more like 286K?
No
100k pennies?
Me too :(
I was just thinking that! For bonus points, you call it a charity. It’s not like they’re ever going to investigate since your buyers are in on it. They want to get scammed by you. That’s the whole point.
Pretty sure that’s what happened with the Three Cups of Tea thing…
Think tanks and PACs buy them in bulk to hand out to donors that never read them so they end up on on the NYT best seller list
I figure that’s the entire scam of Regnery Press. Who printed her book?
AI can do that now, shouldn’t even have typos