[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
Thursday, March 01, 2007
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