Lawmakers Propose Royalties Be Paid to Artists on Resale

"It’s the dream of every art collector to buy a painting from a little-known artist for $100 and later sell it for $1 million. But how does that artist feel? Some think it unfair that artists typically do not directly benefit when a particular work escalates in value, and a bill introduced Thursday by Representative Jerrold Nadler, Democrat of New York, and Senator Herb Kohl, Democrat of Wisconsin, seeks to redress that."  [Read Full Article]

Published by:  The New York Times
On:  12/15/11
Website:  http://artsbeat.blogs.nytimes.com

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