Hannah Patel
Member
19 messages
joined Nov 2004
Sales tax at 10%, state tax at 22%, local county tax at 5%—though I think some counties have scrapped that last one, I'm not entirely sure how things look for you in Washington, D.C.—plus the venue commission usually runs about 3% to 5%. That brings the total overhead to roughly 42%.
So, if we take 42% of 300, that’s $42!!! Which means 300 minus 126 leaves us with $58—and that's what's left to cover the artist fees and all those other unavoidable expenses.
Now, looking at the situation in Canada—where the VAT is only 8%, which is 14% lower than here—that 14% of 300 equals $14. Plus, they tend to negotiate the sales tax there rather than having a fixed rate. So, 300 minus 42 equals $86, which would be the price in Canada. It seems to me the only reason prices are higher in America is because our government bureaucracy is just... well, more expensive.
Anyway, I heard Lenny cancelled the US tour too—which I suppose makes sense, given that the impresario handled everything for them while they were out in the States.
Best regards from "Crnaricev advokatica," who, if she had her way, would love to see R.E.M. for $33 and still have 200 left over to treat everyone on this forum.
Creative Commons—something completely different.