Americans for Tax Reform Try this for an example: Obamacare Codification of the “economic substance doctrine” ... This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. [Source].
Emphasis added; think of how this can be expanded tax-wide. If you hear the words "deem" and Democrats" in one sentence be prepared to bend over; here it comes again. TD
Late-night comedians discuss taxes
" "The U.S. Senate is considering a bill that would tax Botox. When Botox users heard this, they were horrified. Well, I think they were horrified. It's difficult to tell." --Craig Ferguson"
Emphasis added; think of how this can be expanded tax-wide. If you hear the words "deem" and Democrats" in one sentence be prepared to bend over; here it comes again. TD
Late-night comedians discuss taxes
" "The U.S. Senate is considering a bill that would tax Botox. When Botox users heard this, they were horrified. Well, I think they were horrified. It's difficult to tell." --Craig Ferguson"
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| http://politicalhumor.about.com/od/taxes/ig/Tax-Cartoons/Confusing-Tax-Form.htm |
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