Daymond John

I'll give you an example.

I tell people all the time when COVID happened and the COVID bill passed, you got 100% write-off if you supported a restaurant for a business meal.

I tell people all the time when COVID happened and the COVID bill passed, you got 100% write-off if you supported a restaurant for a business meal.

Okay.

Okay.

You understand how that's working, and people always get mad when I tell them this.

You understand how that's working, and people always get mad when I tell them this.

I have friends who did decent businesses, $500,000 in business meals because they travel.

I have friends who did decent businesses, $500,000 in business meals because they travel.

If you went to a hotel and you went downstairs and you put the meal in the restaurant, you had a big restaurant, you know, and you had it for 20 people, you put that on a hotel card, right?

If you went to a hotel and you went downstairs and you put

the meal in the restaurant, you had a big restaurant, you know, and you had it for 20 people, you put that on a hotel card, right?

That's a 50% write-off because that goes underneath the hotel.

That's a 50% write-off because that goes underneath the hotel.

If you just take out your credit card and put it down, that's a 100% write-off.

If you just take out your credit card and put it down, that's 100% write-off.

Right?

Right.

So let's say you spent $500,000 on that.

So let's say you spend $500,000 on that.