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May 30, 2013
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Tom the Dancing Bug by Ruben Bolling
Lucky Ducky 
The Poor Little Duck Who's Rich In Luck
in "Gimme Shelter"
Aide: Sir, the I.R.S. is here. 
HOUNDCO
PROUDLY AMERICAN
Aide; ...and the tax on your corporate income is a simple 35%. 
Hound: WHAT?! 
Hound: I'll create a foreign subsidiary to shelter income!
Aide: Then I'M writing regulations to ensure it's a real operating company!
Hound: Grrr...I'll create bogus contracts between companies to bring back profits, tax-free! 
Aide: Now I'll write rules to make sham contracts ineffective!
Hound: Then I'll create an intermediary company in Bermuda...
Aide: On it! 
Hound: ...owned by a trust in the Caymans...
Aide: Writing regs on trusts! 
And negotiate a preferential tax rate with Ireland...
New regulations on low tax jurisdictions...
Hound: You know, the whole problem with U.S. tax law is that it's TOO COMPLICATED!
Aide: PANT PANT
Hound: Well, it was HARD WORK, but I got my rich company's rate down to 8%!
Lucky Ducky: Can I buy one with my paycheck? 
HOT DOGS
Vendor: Um, yup. You barely make it...
Vendor: ...with the sales tax of 8%!
Lucky Ducky: Gotcha!
Hound: LUCKY DUCKY!
Jun 6, 2013
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