Ugh.. not cheap

[kev7555]

Paying $300 for a ticket to the Stones is ridiculous. The last time they were any good in concert was about 30 years ago.

You're not missing anything.

I wouldn't pay $30 to see the (current) Stones and I was a huge fan back when they were good.


-Kev

[David M]

I hate to say it but if the Stones can sell out in 12 minutes then they are undercharging. At $300 bucks a ticket or whatever the average price is, the demand far exceeds the supply. Thats capitalism. You charge what the market will bear. Charge too much and there will be a surplus. Charge too little and there will be a shortage. Obviously there was a shortage at the price they charged for tickets.

I read somewhere that the Beatles were only able to keep 10% of what they earned living under their native countries tax laws. Remember the song "Tax man"? This is what they were complaining about. I don't blame the Stones for the tax strategy they have set up. I don't think any country should have rights to earnings earned outside of the country. If you want to bring the earnings inside the country then that becomes a different story.

[HAL9000]

Heck... tickets have been spotted on E-bay for $2000 already.... and yes, using that, they are undercharging..

[mbossman2]

Originally Posted by David M I read somewhere that the Beatles were only able to keep 10% of what they earned living under their native countries tax laws. Remember the song "Tax man"? This is what they were complaining about. I don't blame the Stones for the tax strategy they have set up. I don't think any country should have rights to earnings earned outside of the country. If you want to bring the earnings inside the country then that becomes a different story.

the tax rates in the UK in the 60's were almost criminal. if you got above a certain income level, you got hit with up to 90% income tax. this caused many entertainers to become tax exiles.

The US, in the past, has not been much different. the highest income tax rate was 94% in 1944 and 45 for income above $200,000 and was always over 50% up until the Reagan era when he took the unprecedented (and very controversial) step of lowering the top tax rate from 50% down to 28%.

any discussion of why and the impact of those changes will probably get us banned to forumclick, so I'll shut up now.