3 ms·
I still don't understand why Ticketmaster doesn't just sell all tickets as dutch auctions with some minimum price. They'd then easily cut out these brokers in t
by mattmaroon 17y ago
I still don't understand why Ticketmaster doesn't just sell all tickets as dutch auctions with some minimum price. They'd then easily cut out these brokers in the middle for popular events.
- defen 17y agoBecause then everyone would have a bunch of taxable income to report. Much better to distribute the good tickets to your buddies and other insiders who can sell them on Craigslist for huge profits, tax-free.
- mattmaroon 17y agoI think I'd rather pay taxes on $100 than taxes on $50 if I were Ticketmaster.
- defen 17y agoI'm suggesting a situation where you pay taxes on $50, with revenue of $100, vs. paying taxes on $50 with revenue of $50.