Friday, August 04, 2006

Pimp Tax

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.

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