Tax credit lending in future industries, with Zachary Tarica

And so in this instance, Brendan, you decide, you know, I really want to get out of the podcast space. I want to get into making movies. You take your money and you go and make a film in Georgia - every dollar or you spend in Georgia in a specific way, you're eligible to earn a tax credit.

The problem with that tax credit that you would earn is that you don't have any tax liability in the state, and so we're going to move it to Coca Cola or Home Depot or Delta, or one of these big players that want to reduce their tax liability.

The hot take on someone like Elon Musk, is everyone thinks Elon Musk sells cars. Elon Musk is a broker of tax credits. That's it. Tesla is incredible company, but his core business is the spread business of tax credits. This tax credit economy, creates 1,000s of jobs, brings tourism brings art and culture to the state. It does so many positive things to the United States and specifically to these local state economies.