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NEW TAX CODE

Joke of the Day Posted on | September 2, 2010 | No Comments

The only thing IRS has not yet taxed is the penis.

This is due to the fact that 70% of the time it is hanging around unemployed, 13% of the time it is pissed off, 12% of the time it is hard up, and 5% of the time it’s in the hole.

It has two dependents, but they’re nuts.

Issues still under consideration are as follows: Are there penalties for early withdrawal? Do multiple partners count as a corporation? Are condoms deductible as work clothes?

Effective January 1, 2002, penises will be taxed according to size. The brackets are as follows:

10″-12″ Luxury Tax

8″-9″ Pole Tax

6″-7″ Privilege Tax

4″-5″ Nuisance Tax

Note: Males exceeding 12″ must file under capital gains. Anyone under 4″ is eligible for a refund.

PLEASE DO NOT ASK FOR AN EXTENSION!!!

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