Carpe Shotgun

The Bush tax cuts are set to expire at the end of this year. Let's hope the biennial recrudescence of our representative democracy are able to give some thought to issues larger than themselves in considering extending some or all of those cuts. 

But whether they do or don't -- and they won't -- I see an opportunity. One of the vile changes made by those tax cuts was the gradual reduction of the Estate Tax, to the point where anyone dying in 2010 (that's this year, y'all) has no federal estate tax liability, no matter how much their estate is. If this enactment is not extended, on January 1, 2011, the Estate Tax top rate goes back to where it was ten years ago; if memory serves, it topped out at 55% for large estates.

So:

Do you have a rich ancestor, from whom you expect to inherit at least eight figures when he or she kicks the bucket? Then you may want to take advantage of this offer. For a price, sufficient to cover my bail and pay my lawyers through trial, appeal, and re-trial; grease a few palms down at the capitol; and endow a bank account in St. Kitts and Nevis, I'll knock off the old buzzard before the end of the month, saving you, potentially, millions of bucks in Estate Tax payments. All you have to do is give me cash up front, send the servants out for the evening, and leave the front door unlocked and a nice car in the driveway with a full tank and the key in the ignition. I'd prefer Porsche, but any European luxury roadster will do. 

Place your orders now; there's not a lot of time before Uncle Sam gets to take his share again, and I expect a lot of action as the deadline -- tee hee --- gets nearer.

The Value of a Dollar: Convenience

I was just about to order two tickets to a concert coming up next month. It was going to be my wife's birthday present. It's a performer that I know she likes, albeit one that I couldn't care less about. But the timing of the show is almost perfect, so I figured I could sit through a few hours in a crowded theater listening to so-so music, because I love her and we do things like that for people we care about.

Then I clicked on the "price details" for the tickets, and my curmudgeon kicked in.

In addition to the $20 price of the show, there is a $1 charge per ticket, a "facility charge." This, I suppose, is the added cost of holding the concert indoors. OK, a buck a ticket, I can live with that. I object to it on principle, but it is just a buck. Each.

Then there's the $5.80 "convenience charge." Don't kid yourself: this isn't the charge for your convenience, buyer. This is the charge the theater imposes for the convenience to it of not having to mess with all that ticket-selling stuff on its own. It's the commission paid to a third-party ticketing company.

I object to that on principle, too. If the theater want to charge $26.80 for the show, that's fine; I will decide based on that price whether I want to pay it ... and I probably would. These days, it's not so much for a show, even one that I don't really want to see.

But knowing that the show is really only worth $20, and the "facility" in which it's held is only worth another dollar, I object to paying $5.80 above the value of the show. Per ticket.

I also object to paying a $2.50 premium for the privilege of printing the tickets on my own printer, when standard mail is free.

So now I'm having a hard time reconciling myself to buying two tickets for $26.80 each, because I know they aren't really worth that.