Tax Incentives For Mustached People


As time pass by, more taxes are being developed for Botox, music downloads, tanning, and more.  There is currently a new crusade to tax mustaches or more likely to tax you if you don’t grow one.  This is one clarification of providing distinctive tax opportunities to people who do.  If this proposal should be ratified, it would provide a $250 yearly tax inducement for Americans who have mustache.  According to a professor, having a mustache produces additional income, thus it needs proper maintenance like trimming and grooming.  It should be considered a deductible expense correlated to the production of revenues under Internal Revenue Code Section 212.

 

Excerpt:

“But now there’s a movement to tax mustaches, or more exactly to tax you if you don’t grow one.”

 

Original article can be found at:

http://www.forbes.com/sites/robertwood/2011/11/08/would-mustache-tax-be-better-than-9-9-9/

 

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