The only thing the I.R.S. has not taxed is the penis:
This is due to the fact that ...
40% of the time it's hanging around unemployed.
20% of the time it's pissed off.
30% of the time it's hard up.
10% of the time it is in the hole.
On top of all this, it has two dependents and they are both nuts.
Accordingly, Obama and the Liberal Looney Left have initiated a new tax, starting January 1, 2010, penises will be taxed according to size. To determine the category, please consult the chart below and confirm this information on Page 2, Section 7, Line 3, of the standard 1040P form.
10 to 12 Inches = Luxury Tax $50.00 *
8 to 10 inches = Pole Tax $30.00
6 to 8 inches = Privilege Tax $15.00
4 to 6 inches = Nuisance Tax $5.00
PLEASE NOTE: Anyone under 4 inches is eligible for a refund.
PLEASE DO NOT REQUEST AN EXTENSION.
* Males exceeding 12 inches must also file Capital Gains. Sincerely, Pecker Checker
Internal Revenue Service
Personal exemptions for males ages 18 to 25 who have 10 inches or more may be eligible. Michelle Obama will visit this issue one penis at a time!