1999 TAX ALERT- PENIS TAXES
The only thing that the ATO has not yet taxed is the male penis. this is due to the fact that 40% of the time it is hanging around unemployed, 30% of the time it is hard up, 20% of the time it is pissed off and 10% of the time it is in the hole. On top of that it has two dependents and they are both nuts.
Effective July 1, 1999 your penis will be taxed according to size. The brackets are as follows:
10-12" Luxury tax $30
8-10" Pole tax $25
5-8" Privilege tax $15
4-5" Nuisance tax $3
Males exceeding 12" must tile under capital gains. Anyone under 4" is eligible for a refund.
