In 2024, the United States Securities and Exchange Commission (SEC) brought lawsuits against artists and art marketplaces, arguing that artwork should be classified as a security and subject to the same reporting and disclosure standards as financial institutions. Proponents argue that this would provide greater transparency and protect buyers from fraud, ensuring that the art market operates with the same accountability as financial markets. Opponents contend that such regulations are overly burdensome and would stifle creativity, making it nearly impossible for artists to sell their work without facing complex legal hurdles.
Statistics are shown for this demographic
Province/Territory
Response rates from 3.6k Canada voters.
49% Yes |
51% No |
49% Yes |
51% No |
Trend of support over time for each answer from 3.6k Canada voters.
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Trend of how important this issue is for 3.6k Canada voters.
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Unique answers from Canada voters whose views went beyond the provided options.
@9SSRG9H4mos4MO
Artists should be held to the same standards as anyone who is sort employed. The selling of their art is a business.
@9ZTRL634wks4W
Yes, but only for artists who are making a certain a substantial income off their work
@B26C2994 days4D
Yes, but only over a certain threshold. (e.g $10k)
@B268QZV4 days4D
Depends. Most aren’t making enough to get by, and we need the arts to have a vibrant community.
@B2645JN5 days5D
So long as the amount of paintings sold, and the price doesn't exceed a certain margin
@B25JLHG7 days7D
Depends on where they are at in their job and how much money it produces
@B244VCM2wks2W
I think there's a middle ground somewhere in here that we could do. We are not American so we need to start coming up with our own solutions
@B23QKB3 2wks2W
Taxes should be based on overall income period. No one should have to pay less whether it's is art, stocks or employment income.
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