I mean its possible. I don't fully understand the intricacies of how much this would wipe off his tax obligations.
Business expenses reduce his net income, so anything he buys "for the business" technically reduces how much taxable income is left over at the end of the day. Now... the IRS doesn't necessarily look kindly on sole proprietors who have very very low taxable income. It's a dice roll if you get caught and you better have your shit together if you do. Going back though... wasting money on shit to reduce net income is dumb, since saving money or investing it would be a better play, even if you're paying taxes on that money.
If Phil spends 50% of his revenue on bullshit, he'd be better off cutting the bullshit out, paying the necessary taxes for that revenue, vs just wasting money on things because you have it. And to make matters worse, his numbers now are the same as they were in May-June, before any spending. That says a lot.
>Argentina subs forcing Phil to change his whole system for most of the year. He's still brain broken by Argentina now and will channel audit any gifters over 10 he doesn't recognize (none of his whales gift memberships on Youtube anymore because of this).
>RPG Overload, refusing to play anything RPG related after BG3 almost killed the business - even though BG3 was literally propping him up for months when he was playing Like a Dragon making $5 a night. BG3 and all the whining while playing that could be its own point too.
>Running 1MM away because he refused to read a political-style message, chasing away a whale yet again.
>Every game that was supposed to save the business did not (FF7R got wage quit, Elden Ring DLC was meh at best, Tekken 8 got rage/wage/skill quit)
>Banishing all the childish goals and retconning why he did them, yet still dressing like a muppet on his own
>DSP merchandise, shitty as always
>Wage quitting WWE Champions on stream, and honestly, looks like he doesn't whale out on the game like he did before Kino (RGBEES are the new addiction)
>Mask off Phil coming out of the Kino arc, both money wise (shameless begging even after hitting his supposed stream goal) and on the political side (fence sitting still but calling him center right would be giving him a pass). He's a 2024 conservative who (if he voted) would hold their nose voting for Trump BUT they actually support every decision he makes. They'll totally moral fag you into saying why he's bad too, just as Phil tries to do.
>Multiple rants about how shitty jobs are in the US, just because his HS educated wife can't do better than getting no hours at a retail store, which says more about her than the job market
The time between 1MM leaving and Kino arc was pretty boring. Just a lot of SF6 whining, stupid hills to die on (Stellar Blade is too sexual), and not much else. When he started mentioning RTU again, which got him on the Kino radar on a regular basis, that's when things changed.