Friday, April 16, 2010

Tax incentives for the Mustachioed

The STACHE Act offers incentives for people of Mustached American heritage in the form of the a $250 deduction for expenditures for mustache grooming supplies in the determination of Adjusted Gross Income.

"In 1965 at a time of great ugliness in America, the U.S. Government asked the American Mustache Institute to help increase good looks by 22 percent," said Dr. Aaron Perlut, chairman of the American Mustache Institute. "We kept our part of the bargain, increasing American good looks by 38 percent, one freshly minted Mustached American at a time. But those good looks come at a price - in the form of purchasing mustache trimmers, wax, Just For Men coloring products, and bacon. Now it’s the government’s turn to support our economic needs."

The current limitation on the deductibility of mustache grooming supplies and accessories, as well as the taxation of the additional earnings of the Mustached American, provides a disincentive for the clean-shaven to enjoy the Mustached American lifestyle.

READ HERE And sign the petition.

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