Posted on 02/08/2006 9:05:57 AM PST by george76
Chief Assistant Corporation Counsel Wes Hanscom told a City Council panel that City Hall is preparing to sue ticket resellers who make a killing on the Internet but leave taxpayers in the lurch.
The crackdown can't come soon enough for Finance Committee Chairman Edward M. Burke (14th).
He believes that as much as $16 million in amusement taxes is slipping through the city's fingers because of growing Internet purchases.
$4.2 mil. loss on Sox postseason?
"One registered ticket broker paid $140,000 in amusement tax on White Sox postseason.
EBay, it is estimated, is 20 times the size of that broker. That's $2.8 million...
If StubHub is 10 times the size of that broker, that's $1.4 million.
One day, StubHub had 882 tickets listed for a single Bears game, with an uncollected city tax of $17,950," the alderman said.
Last fall, the Daley administration filed a lawsuit accusing more than a dozen online companies of not paying proper taxes on hotel rooms they secure at discount rates.
On Tuesday, Burke made it clear he's not prepared to wait the years it will take for the hotel and ticket-broker lawsuits to make their way through the courts.
(Excerpt) Read more at suntimes.com ...
I know what you mean.
"Of course, in New York, we just call this scalping."
Only within a certain distance from the stadium, I thought. (Or is NY different than everywhere else?)
One has to think about what service the city provided in order to receive the income (tax). I don't know of one, but perhaps there is one. Usually, rational people think of taxing for a service (e.g. city builds the roads and taxpayer pays for them).
Interestingly, there is a requirement in Texas that the city not be able to recover more than the cost of the service. In other words, they can't provide a dumpster on your property for $600/month, if they can only rationalize a cost to them of $100/month. That would be a new tax, which can only be voted on.
But this is DUmmie land...Chicago.
They can rationalize any tax number for what the Rats think that they deserve of your money.
If these tax evaders paid their rightful share, taxes would go down for the rest of the hard-pressed taxpayers of Chicago.
Government -- The ultimate "protection" racket...
I don't know why, but as I clicked on the headline link, I already knew the story was going to be about Chicago.
If the Chicago City Council had allowed Walmart to spend their money on building a Walmart store inside Chicago, then Chicago would have received millions of property tax dollars and sales tax dollars per year.
Now, Chicago gets nothing.
Chicago, like most Rats want all of your money.
Often, the Rats then get no money as the businesses go elsewhere.
We do have choices.
Another good reason to move.
We can leave high tax, DUmmie controlled cities, counties, and/or states.
The sad thing is my last move 10 years ago was from New York to Chicago. I'll plan my next move more carefully.
I'll bet that if Finance Committee Chairman Edward M. Burke told little Ms. Fran Spielman that Santa Claus, the Easter Bunny and the Tooth Fairy were getting "shafted" by the EVIL Chicago "tax evaders", she'd print it as gospel.
Of course, your points about Walmart & the city of Chicago would never see the light of day...
I wish I had come up with the idea for Ticketmaster or Tickets.com. They charge six bucks on top of the tax and shipping and handling. That's some good money if you can get it.
Good job. You got me.
I think the wise American should start heavily considering taxation in their career and living arrangements, now that there is a great amount of readily available information on the Internet.
First, It is not only how much money you make, it is also how much money you keep.
Second, It is more fun to live and work in a positive community where most folks are working hard and smart. When most parents and kids are giving to make a better community, good things happen.
Third, it is awful to exist near people that are gifters and takers ...all the time.
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