IRS

An Internal Revenue Service auction of tax evader Elaine Brown's possessions netted the government nearly $80,000. A Queens, N.Y., man placed the winning $32,250 bid for a 32.15-ounce bar of Engelhard gold. Peter Rhee intends to give the golden prize to his three grown children as an investment, he said.

We hear that some 13,000 of you may soon find a greeting card in the mail from the Revenooers - no, not a Christmas card, but an audit notice - if you're (un)lucky enough to be selected by the IRS for inclusion in the next edition of their National Research Program.

Around noon on Monday, September 17th, a Las Vegas federal jury returned its verdict refusing to convict nine defendants of any of the 161 federal tax crimes they had been charged with. The charges included income tax evasion, willful failure to file and conspiracy to evade taxes.

According to the Tax Foundation, taxes now consume more than 38% of the average family's budget. That is more than is spent on food, clothing, housing, and transportation combined. Compare this to the plight of medieval serfs. They only had to give the lord of the manor one-third of their output -- and they were considered slaves. So what does that make us? – Daniel Mitchell, The Washington Times, 3/9/99

Okay, shorty, from now on the whole world is gonna be double taxed. Triple taxed. Quadruple taxed. Surtaxed. Exercised taxed. Overtaxed. And, thumb taxed. --Bluto