[233 words]
ON THE LIGHTER SIDE
Spring Fever
Four high school boys afflicted with spring fever skipped morning classes. After lunch they reported to the teacher that they had a flat tire. Much to their relief she smiled and said, “Well, you missed a test today so take seats apart from one another and take out a piece of paper.” Still smiling, she waited for them to sit down. Then she said: “First Question: Which tire was flat?”
IRS Funnies
How do you survive being one of the most reviled institutions in America? Join the party. The Internal Revenue Service has a page on its web site dedicated to tax jokes and quotes, many of it taking a jab at itself.
“I am proud to be paying taxes in the United States. The only thing is—I could be just as proud for half the money.” — Arthur Godfrey, entertainer
“A tax loophole is something that benefits the other guy. If it benefits you, it is tax reform.” — Russell B. Long, U.S. Senator
Taxing Story
The tax advisor had just read the story of Cinderella to his four-year-old daughter for the first time. The little girl was fascinated by the story, especially the part where the pumpkin turns into a golden coach. Suddenly she piped up, “Daddy, when the pumpkin turned into a golden coach, would that be classed as income or a long-term capital gain?”