Response to: "Scalping” tickets for major sporting events and economics

On the outside of a stadium at every sporting event there are many people braking the law and trying to scalp tickets. It happens hundreds of times every season for every sport and what it does to the U.S. market it troubling. It hurts the market as it is similar the underground economy as items are being traded with money and having no effect of the economy. Just like the underground economy, there are no taxes put onto the tickets and the money is going right into the pocket of the person that is scalping the tickets. This creates market shortages as no taxes are being given to the government and the economy is not benefiting from these transactions being made. The underground economy is illegal and so is scalping tickets and the government is trying to stop this because it is unfair for people to make money of items that have no taxes on them. Other ways that these tickets can be distributed is that these people that want to sell these tickets can give it to the team that is playing in the game. Then after that person gives the team those tickets then that team can sell those tickets. Once that team sells those tickets with a tax on them, then the person that is giving the tickets to the team to give away for a price will receive a part of the profit from the tickets. That way there are taxes on the tickets and both sides will receive a profit and then there won't be anyone losing money.