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Keyword: onlineticketresales

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  • City wants its 8% cut of online ticket resales

    02/08/2006 9:05:57 AM PST · by george76 · 39 replies · 863+ views
    Chicago Sun Times ^ | February 8, 2006 | FRAN SPIELMAN
    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....