2008 Tax Code - R Rated Version.

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

This is due to the fact that 69% of the time it is hanging around unemployed, 10% of the time it is hard up, 20% of the time it is pissed off and 1% of the time it is in the hole. On top of that, it has two dependents and they are both nuts!

HOWEVER, effective January 1st, 2008, the penis will now be taxed according to size:

The brackets are as follows:

10 - 12" $300.00 Luxury Tax
08 - 10" $250.00 Pole Tax
05 - 08" $150.00 Privilege Tax
03 - 05" $ 30.00 Nuisance Tax

Males exceeding 12" must file capital gains.

Anyone under 4" is eligible for a tax refund.

PLEASE DO NOT ASK FOR AN EXTENSION!

Sincerely,

Pecker Checker

IRS NOTE: We are still waiting for answers for the following questions:

1. Are there penalties for early withdrawals?
2. What if one's penis is self employed?
3. Do multiple partners count as a corporation?
4. Is there an additional tax if you are not circumcised?
5. Are condoms a deductible expense as work clothes?

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