- Jun 8, 2009
- 21,658
- 23,476
It should just be illegal to sell tickets for more than face value and have done with it. I don't understand why I can't sell a ticket, even at face value, but a company can buy up all the tickets and sell them for 5 or 6 times the face value with no repercussions. It just doesn't make any sense.
One word... TAX
You won't pay tax on it if you sell as a tout outside the venue, whereas, in theory, these companies are paying a tax on their profits. Therefore, because the government benefits, they just turn a blind eye to it.