@financialteapod: This week on FT, @Amy Odell breaks down the money, power, and politics behind Hollywood’s most exclusive invite: the Met Gala!! Amy wrote the biography of Anna Wintour (knows her stuff) and we break down the real economics of the first Monday in May, from million-dollar tables to celebrity seating charts and the business behind the spectacle. Comment TEA for the met money scoop. @Mrs. Dow Jones

Wes Janisen :

If you donate 75k, you’re only saving about 28k in taxes. And while it’s taking money from healthcare (hypothetically) it’s also taking from the war budget. So if I’m a rich person already paying a ton in taxes, I’d love the option to control where a portion of my funds go to benefit society rather than let the govt allocate it.

Devin :

I want my taxes to go to the costume institute.

draculastampons :

I pick Costume Institute over the military.

Vessel_for_none13 :

Donate to local arts institutions instead

Pau Casados :

Kyle :

I’d prefer billionaires donate money to hospitals that need it

mahly.laughs :

Why wouldn’t they pick different charities every year

T4ny :

What’s the name of the charity? Can someone find out if the money goes there?

CJ80 :

Tickets are not tax deductible as a service was received for the transaction. Donations are tax deductible.

Kaelen Montclaire :

I just see this Amy person constantly making it like doing anything related to Anna wintour or Vogue is like a crime against humanity or something.

Justin Hall :

We’re talking about corporate taxes here considering most of the tickets and tables sold are purchased by companies

DaaBeastt :

where does the money donated even go to

tanisha ansong :

Anna doesn’t want the arts to die and she wants to utilize the business strategy the bezos have

Username :

If you donate something and get like a dinner etc is it a tax deduction?

Kyle Hennessy :

The attendees don’t pay that, the design houses that send them pay that

ikindigit12 :

How much of that ticket price goes to the actual arts not the dinner, venue, flowers, decorations etc. my guess not much

Ducky_krup :

Considering how little the federal government gives to the arts?

Kali :

It's not a 0 sum game. Donating to the arts allows artists to live and make more art. It doesn't take anything away from our social programs, mostly because we barely have any to begin with.

user5741741257738 :

What is the charity for

Melissa Lynnette :

Designers purchase tables. The regular celebrities aren’t paying for any of this. And designers have a vested professional interest in keeping the Costume Institute up and running.

YouBettaSayYes :

Before Anna took it over, there were $75 tickets to come AFTER the dinner, just for the dancing, and THAT was the *real* party, that was fun and exciting.

Moises Amaro :

but individual celebs don't buy their tickets. Usually whoever dresses them buys the ticket.

Tina mcd :

Ca we just do this then for hospitals and healthcare?

goosegoose0901 :

Unbelievable

Tiel D. :

too many people including those in this video don't know how the met gala works. the tables are sponsored. celebrities are invited by Vogue and fashion designers to fill the tables. they do not buy tickets. If there are deductions it is for the corporate sponsors not individuals.