Tom the Dancing Bug - Friday May 31, 2013 Comic Strip Licensing and Permissions

Transcript

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!

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