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.
Yes? I’m against both of the parties in my comment. Maybe I made it sound like I’m in the scalpers side with my tax complaints, I’m not. I just don’t want this government overreach to be placed in a positive light just because its also affecting people we hate.
Yeah I agree - as a small time gigging musician, fuck scalpers and also fuck government overreach here. Anything that hurts scalpers (in all fields, but tickets especially) is interesting to me and the average concert goer, but if it comes at the cost of broadly limiting the used music gear market, among thousands of other used equipment communities, it’s misdirected legislature at best.
The companies and systems that enable scalping and customer extortion such as Live Nation absolutely need to be limited and restricted, but setting a broad limit across all secondhand sales at $600 when it was previously $20,000 is an inaccurate miscorrection. More informed and nuanced legislature is necessary