Project 7 isn’t going to stop popping up into my head as one of the dumbest blunders of Phil’s entire career. This of Phil’s peak. He had a massively successful channel, his patreon hit the $5,000 a month goal to make Project 7, and the people were loving it. To this day, they are among some of the most viewed videos on his channel. And he scrapped it because “It was loosing me money guys!” and then ontop of all that, he moved partly motivated by taxes.
First off, you can’t buy good will with your audience. And Project 7 was doing just that. It was suppose to be for them, and if it had continued, it might be remembered as a project that started as a goofy larp that blossomed into a whole new venture like Rooster Teeth managed with Red vs Blue. Oh, but it was eating into his super short term profits and he manages to piss off his only 2 friends and editing team because he was an autistic sperg.
The as he’s giving his audience the middle finger, he decides to go into dept by well over $250,000… you need to be Sony big before flat out moving to a whole other state for lower taxes makes sense. Dude still hasn’t even come close to saving that in state taxes, which is funny because one of the many things that fucked him so hard that he needed to file bankruptsy was those state taxes he completely ignored.
Which damn, that’s another one! Alleged finance major doesn’t even get the basic idea you get a tax guy in that state specifically to avoid moments like knowledge gaps that make the IRS put you under the microscope.