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Tuesday, November 13, 2012
Tax Evasion: improving eye sight and culture
That's a lot of musicals!
I do not believe in tax evasion, but a theater owner in northern Spain came up with an innovative way to avoid the new tax on theaters by selling carrots instead of tickets. With each pricey carrot purchase ($16) you get free admission to a show. Theater tickets are now being taxed at 21% whereas carrots, a staple, are only being taxed at 4%. Say what you will, but this is quite clever. If the Spaniards continue to come up with interesting and creative ideas like this one, they may not have to worry about increasing taxes.