ScriptOhio
Everybody is somebody else's weirdo.
I think the bidding war from boosters thing makes sense at a very superficial level but here is the real world rub;
If superbooster says to a local business give high school kid Johhny Gun 100K to endorse your mattress store;
Said business owner now has two choices
Thus my point about real world businesses, taxes and profit doing an ice bucket challenge on a lot of these notions we get about the endorsement market going berserk.
- Use his own money and write it off. Real world, there has to be some actual value in it for him/her or it isn't going to happen.
- Take money from booster to give to spokesperson. Real world, you just created a taxable event and all the fun that comes with that or issues that arise from trying to conceal that.
Once you make a prohibited item legal it removes the black market for it and lowers the price.
There is actually at least one more (i.e 3rd option) to you scenario; what if the business owner is the booster?
Also, the booster/business owner doesn't have to be local either.
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