>>I did get a laugh at your Clinton underwear deduction. Where did you get that
from?
I'm glad you got a laugh at him too.
It was in the news during the 1992 election, when the stupid 43% gave us our first presidential clown.
Perhaps because President Clinton is surrounded by so many people with bouts of amnesia, he assumes the rest of us have forgotten that he and Hillary once claimed the value of donated, used underwear as a deduction on their own federal tax returns.
intellectualcapital.com
You never know what you'll pick up when you drag the Presidential office through a trailer park.
Listen: You can deduct anything. People have deducted used
underwear. And when I say "people," I of course mean "Bill
Clinton." According to news reports, in past years President
Clinton deducted as much as $2 per pair for used underwear that he
donated to the Salvation Army, which in turn gave the underwear to
some needy individual, who in turn threw it into a Dumpster.
No, really, I'm sure this needy individual wore Mr.
Clinton's former underwear in a profoundly grateful manner. And I
applaud Mr. Clinton's generosity. Although I am troubled somewhat
by the idea of any guy voluntarily giving up his underwear.
Whoever says that guys are unwilling to make lifetime commitments
clearly has not examined the intimate bond that can develop
between a guy and his briefs. If a guy's wife secretly throws a
veteran pair of his underwear away, the guy will sense that
something is wrong, and he'll whistle in a distinctive manner, and
his underwear will leap out of the garbage and bound toward him
like a loyal retriever. That's how close the guy-underwear bond
is.
Call me heartless, but I've never donated my used
underwear to anybody. The irony is that I happen to own a set of
briefs that are probably quite valuable, inasmuch as they are
signed, in ink, by a well-known humor writer. (There's a perfectly
innocent explanation, but he's embarrassed about it, so as a
courtesy to him I'm not going to reveal his name here.) (Instead,
I'll reveal it here: Roy Blount Jr.) I estimate that, for tax-
deduction purposes, these briefs are worth $2,473.02. Notice that
I use an exact-sounding number here. That is one of the most
important Amateur Tax Tips:
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