The only thing that the IRS has not yet taxed is the male
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 is in the
hole. On top of that, it has two dependents and they are both
nuts.

Effective January 1, 2005, your penis will be taxed
according to size.

The brackets are as follows:

10-12" Luxury Tax $30.00
8-10" Pole Tax $25.00
5-8" Privilege Tax $15.00
4-5" Nuisance Tax $3.00

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

PLEASE DO NOT ASK FOR AN EXTENSION!!!!!


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

Are there penalties for early withdrawals?

What if one's penis is self employed?

Are condoms a deductible expense as work clothes?

Is there an additional tax if you are not circumcised?