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General Asylum General audio topics that don't fit into specific categories. |
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General Asylum General audio topics that don't fit into specific categories. |
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In Reply to: 5 Million Dollars speakers posted by panhead on August 16, 2012 at 19:44:57:
is because we don't have the imagination to see the sense of such pricing. There are others who have.
If someone has huge capital gains that have to be offset to avoid taxes, this can be done by the company "buying" something like these $5 million speakers and selling it at its real value (lookes like $1,000 speaker to me), thereby incurring a huge loss. The "seller" (a good buddy that will be rewarded for playing the game) does not realize an immediate taxable profit because he is given some kind of bs promissory note or contingent payment.
An old tax con, long deemed illegal because the sale has no economic purpose except to create a fake loss for tax purposes. I give you one guess who endorsed such practice as a director for the Marriott?
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Follow Ups
- The reason you and I cannot afford these speakers. . . - Larry I 06:57:27 08/17/12 (3)
- Audiophile economics - Frihed89 08:00:37 08/17/12 (1)
- RE: Audiophile economics - Todd Krieger 08:25:53 08/17/12 (0)
- RE: The reason you and I cannot afford these speakers. . . - Inmate51 07:26:29 08/17/12 (0)
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