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Do you have a receipt?

3 March 2010
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The Senate is considering a change in the tax code that might substantially lower some people’s income tax liability.  If the bill passes, you would be able to  deduct ransom payments to kidnappers from your gross income.

I have this image of families dickering with the kidnappers (and their accountants) over whether or not IVA (the value added tax) is included in the overall ransom demand.   And, what sort of documentation do you need?  For that matter, should a kidnapping gang issue facturas, or — can you just ask the individual kidnapper for an honoraria?

Of course, I wonder how many kidnappings now are just creative ways of inter-familial money transfers (as in a soon to be ex-wife arranging a settlement by alternative means) or other forms of financial transfers now, and wouldn’t be surprised if kidnappings went up among the higher income brackets if this makes it into the tax code.

Then again, didn’t Al Capone end up in the Federal Penitentiary for tax evasion?

2 Comments leave one →
  1. Ana's avatar
    Ana permalink
    3 March 2010 9:16 am

    This would be funny if it weren’t so sad.

  2. Steve Gallagher's avatar
    7 August 2010 3:10 pm

    Hey,
    I might hire me a kidnapper as a tax write-off.

    Very sick situation.

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