New Tax

Tax The Penis

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

This is due to the fact that 40% of the time it is
hanging around unemployed,

30% of the time it is hard up,
20% of the time it is pissed off and
10% of the time it's in the hole.

It has two dependents, but they're nuts.
Effective January 1, 2001, penises
will be taxed according to size. The brackets
are as follows:

10"-12" Luxury Tax
8"-10" Pole Tax
5"-8" Privilege Tax
4"-5" Nuisance

Tax Males exceeding 12" must file under capital gains.
Anyone under 4" is eligible for a refund.

** PLEASE DO NOT ASK FOR AN EXTENSION!

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?