Thursday, March 01, 2007

Vote for Pedro

[when discussing a tax provision that denies business deductions for drug dealers]

Student: Does this ever come up? I mean do drug dealers really file tax returns?

Prof: I don’t think there are many drug dealers filing tax returns and trying to deduct their flights to Columbia.

Student: So why is this in here?

Prof: Because some Congressman wanted to show his constituents he was tough on drugs.

HT: the Bard

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