Amex Tax Payment Rewards
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A story about how David Hauser, who sold his company Grasshopper, used his Amex card to pay an enormous tax bill to earn travel rewards points.
"David Hauser sold his company Grasshopper for $200 million. He called Amex and told them what he was going to do - pay his tax bill of $20-30 million on his Amex card. He got a couple decades worth of flights from those points."
Note: This story was told by Sam Parr during a discussion about credit card rewards strategies and creative ways to maximize points.
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.