If you resold Taylor Swift Eras Tour tickets, the IRS is watching — A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty::A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty.
Somehow I doubt this will affect Ticketmaster, the biggest scalper of all
er, by default any profit is taxable for them while as a lemming you get a tax free $600 profit before it impacts you
but fuck ticketmaster anyway
I’m pretty sure they pay effectively zero tax because they found some interesting ways to make their profit appear 0 on paper.
I own a business and can agree with this statement.
Of course not. The system is specifically designed by and for the rich and powerful so that they get away with everything while regular people get punished for nothing.
I don’t understand what your point is. Of course this doesn’t impact Ticketmaster. They already pay taxes on income generated from selling tickets, so nothing changes. I can’t tell if you’re just saying dumb shit to get upvotes from other idiots or truly don’t have a clue.