At a work lunch yesterday, someone mentioned that a congressperson had recently introduced a bill to impose a "pimp tax." My coworker described it as an attempt to discourage prostitution by taxing the pimp's proceeds. Of course, as I pointed out to my coworker, a pimp's income is already taxed, since gross income means ALL INCOME FROM WHATEVER SOURCE DERIVED, including illegal income. So we looked it up online, and found that it is apparently not a new tax at all, but an imposition of increased criminal penalties for pimps who don't pay their taxes.
It's not that interesting, but the phrase "Pimp Tax" makes me laugh.
Friday, August 04, 2006
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