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Since it's long been noted that some people don't mind paying insane prices for artwork just so they can brag that they own "the world's most expensive Warhol", I suppose that there are equivalent levels of hamburger fanciers who'd love to flash photos of themselves eating "the world's most expensive ballpark hamburger" on every social media platform.
4. Brian C
Posted: May 15, 2022 at 01:36 PM (#6076802)
I suppose that there are equivalent levels of hamburger fanciers who'd love to flash photos of themselves eating "the world's most expensive ballpark hamburger" on every social media platform.
If by "equivalent levels", you mean "something like maybe 5 people," then I agree. But let's face it, the parallels between art and hamburgers break down pretty fast. No one is paying stupid prices for art just because it's expensive, they do it because of the exclusivity - there's one in the entire world and they own it. Even NFTs had to carry the promise of exclusive ownership.
Even stupidly expensive restaurants are like this - they're not just expensive, they have an illusion of exclusivity, e.g., well-known chef, hard-to-get reservations, too expensive for the commoners even if they wanted to splurge, etc. The whole point is that it's something that ostensibly elevates you by being able to go there.
Ballpark hamburgers are not like that. Any idiot who can afford to get into a baseball game in the first place can afford to plop down $150 for a burger if they really wanted to. Not one single soul would be impressed by seeing social media pics of this. It's expensive only by the standards of typical ballpark food, not in any absolute terms. You might as well post on social media that you paid extra for premium parking.
5. Bhaakon
Posted: May 15, 2022 at 01:43 PM (#6076804)
You all are forgetting the side dish.
But if you want to add about $25,000 to your bill, you can get the burger with an actual World Series ring
That's not really a burger, it's lots of expensive stuff piled up on each other. I guess if I had the money to feel like I could spend it on that, sure why not.
I'm with 8 though. Frankly steak and lobster are two items that I follow a minimalist rule on. Less is more when cooking and eating them. Both are expensive enough and good enough that I would rather eat both of them straight up.
Since it's long been noted that some people don't mind paying insane prices for artwork just so they can brag that they own "the world's most expensive Warhol", I suppose that there are equivalent levels of hamburger fanciers who'd love to flash photos of themselves eating "the world's most expensive ballpark hamburger" on every social media platform.
No one is paying stupid prices for art just because it's expensive, they do it because of the exclusivity - there's one in the entire world and they own it.
That's only part of it, at least for some people. The reason I made that comment was because I'd just heard an art gallery owner express surprise that that Warhol / Marilyn Monroe painting "only" sold for $195 million, making it the most expensive painting ever sold at auction by an American-born artist. His surprise was that it didn't replace Willem de Kooning's "Interchange" as being the most expensive 20th Century painting, regardless of the artist's native country, because he'd come across many customers who'd said that the bragging rights associated with the price of the painting was part of the reason for these insane gavel prices. That doesn't mean that exclusivity isn't the prime motivator in most cases, but sometimes a particularly iconic work of art can trigger even more primitive emotions.
(But yes, comparing a hamburger to a Warhol was a bit of a stretch. That hamburger sounds a lot tastier.)
Not one single soul would be impressed by seeing social media pics of this.
I think you momentarily forgot how social media works.
I think this is a dumb promotion, especially given the current times, and I also agree that smashing all this together in a burger is probably going to detract from the experience of the individual elements. But I'm also pretty sure they'll sell a decent number (especially in the corporate suites) and you'll see plenty of people praising/impressed by it (though probably fewer than those mocking it).
Unless I'm reading this article wrong, the cost of that Glutton Burger is fully tax deductable as a business expense as long as it's purchased separately, and that the receipt indicates that.
Deducting Business Entertainment
As mentioned earlier, following the implementation of the TCJA in 2018, you can no longer deduct most entertainment expenses. Entertainment is defined as “any activity generally considered to provide entertainment, amusement, or recreation,” according to the IRS.
This means you can no longer write off the expenses for taking clients to a basketball game, football game, or other sporting events; bringing employees to a Broadway musical or on a fishing trip, or taking a prospective vendor to a Vegas show. Additionally, you cannot deduct the costs of renting out an “entertainment facility,” which includes things like a yacht, swimming pool, bowling alley, limo, airplane, hotel suite, or villa in a vacation resort.
The same restriction applies to deducting membership and club dues, such as dues for membership to a country club or golf course—these expenses cannot be deducted from your taxes.
As we touched on earlier, while you can no longer deduct most entertainment expenses, you can still deduct the cost of food and beverages consumed in conjunction with an entertainment event, such as hot dogs and beers purchased at a baseball game. However, to qualify for the deduction, you must meet one of two conditions: 1) the food and beverages must be purchased separately from the entertainment, or 2) the cost of the food and beverages must be stated separately on the bill or receipt.
Given this requirement, you should always insist on detailed receipts whenever you visit any entertainment venue for business purposes.
15. Zach
Posted: May 16, 2022 at 06:08 PM (#6077049)
A burger with wagyu, foie gras and lobster must be the worst way to eat any of those things, right?
You just know that lobster has been sitting in the freezer since Opening Day, too.
World's most expensive gas station hot dog.
16. Cris E
Posted: May 16, 2022 at 11:06 PM (#6077113)
You just know that lobster has been sitting in the freezer since Opening Day, too.
This was my concern. How many of these do you figure they move a night, three? Ten? But they need the ingredients prepped enough to whip the thing up in under 15 minutes, so the wagyu is frozen patties, foil-wrapped sounds canned, and that grilled lobster probably went from freezer to grill as well. But even if that stuff was all prepared properly who the hell melts cheese over it? *shudder*
17. Howie Menckel
Posted: May 16, 2022 at 11:16 PM (#6077115)
1) the food and beverages must be purchased separately from the entertainment,
back in the 1990s, the expense receipt from Dick's Last Resort sports bars (at least in San Antonio, Chicago, and Boston) had a short ticket and something vaguely like "I just spent time with a blonde bimbo and wasted this xx money at my company's expense."
in that era, it was considered merely "cheeky."
the more interesting part was that it would confirm for business travelers if the bean-counters in accounting ever actually looked at the paper receipts......
18. Lassus
Posted: May 17, 2022 at 12:48 PM (#6077165)
Truist owns my mortgage. I assume this won't help.
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1. /muteself 57i66135 Posted: May 14, 2022 at 08:47 PM (#6076735)If by "equivalent levels", you mean "something like maybe 5 people," then I agree. But let's face it, the parallels between art and hamburgers break down pretty fast. No one is paying stupid prices for art just because it's expensive, they do it because of the exclusivity - there's one in the entire world and they own it. Even NFTs had to carry the promise of exclusive ownership.
Even stupidly expensive restaurants are like this - they're not just expensive, they have an illusion of exclusivity, e.g., well-known chef, hard-to-get reservations, too expensive for the commoners even if they wanted to splurge, etc. The whole point is that it's something that ostensibly elevates you by being able to go there.
Ballpark hamburgers are not like that. Any idiot who can afford to get into a baseball game in the first place can afford to plop down $150 for a burger if they really wanted to. Not one single soul would be impressed by seeing social media pics of this. It's expensive only by the standards of typical ballpark food, not in any absolute terms. You might as well post on social media that you paid extra for premium parking.
Hard to chew, but if they deep-fried it, I'd give it a shot.
I'm with 8 though. Frankly steak and lobster are two items that I follow a minimalist rule on. Less is more when cooking and eating them. Both are expensive enough and good enough that I would rather eat both of them straight up.
No one is paying stupid prices for art just because it's expensive, they do it because of the exclusivity - there's one in the entire world and they own it.
That's only part of it, at least for some people. The reason I made that comment was because I'd just heard an art gallery owner express surprise that that Warhol / Marilyn Monroe painting "only" sold for $195 million, making it the most expensive painting ever sold at auction by an American-born artist. His surprise was that it didn't replace Willem de Kooning's "Interchange" as being the most expensive 20th Century painting, regardless of the artist's native country, because he'd come across many customers who'd said that the bragging rights associated with the price of the painting was part of the reason for these insane gavel prices. That doesn't mean that exclusivity isn't the prime motivator in most cases, but sometimes a particularly iconic work of art can trigger even more primitive emotions.
(But yes, comparing a hamburger to a Warhol was a bit of a stretch. That hamburger sounds a lot tastier.)
Moe: "I'd like your most expensive dish stuffed with your second most expensive dish."
Server: "Ah, lobster stuffed with tacos. Excellent choice, sir."
I think this is a dumb promotion, especially given the current times, and I also agree that smashing all this together in a burger is probably going to detract from the experience of the individual elements. But I'm also pretty sure they'll sell a decent number (especially in the corporate suites) and you'll see plenty of people praising/impressed by it (though probably fewer than those mocking it).
You just know that lobster has been sitting in the freezer since Opening Day, too.
World's most expensive gas station hot dog.
This was my concern. How many of these do you figure they move a night, three? Ten? But they need the ingredients prepped enough to whip the thing up in under 15 minutes, so the wagyu is frozen patties, foil-wrapped sounds canned, and that grilled lobster probably went from freezer to grill as well. But even if that stuff was all prepared properly who the hell melts cheese over it? *shudder*
back in the 1990s, the expense receipt from Dick's Last Resort sports bars (at least in San Antonio, Chicago, and Boston) had a short ticket and something vaguely like "I just spent time with a blonde bimbo and wasted this xx money at my company's expense."
in that era, it was considered merely "cheeky."
the more interesting part was that it would confirm for business travelers if the bean-counters in accounting ever actually looked at the paper receipts......
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