The country is now 15 trillion dollars in debt. Many erroneously believe that the only way to solve this problem is to increase taxes rather than to cut spending. Judging by the extreme laws passed the last few years, more recently the Christmas Tree Tax unsuccessfully advocated by the President this winter, a tax on Christmas could come true. Let’s follow the Ghost of Christmas Future and see what such a bill might look like:
Congress recently discovered how unfair Christmas really is, as some get more presents than others. To correct this injustice, a 1,500-page law called the Christmas Equalization Tax is working its way through judiciary committees in both the House and Senate and will be on the floor of both houses very soon.
Under the new law, to begin next year, shoppers buying gifts for loved ones are required to fill out Form 13,207, The Affidavit of Gift Recipients, indicating said recipients by name, social security number, and birth date, and completing a five-page information sheet for each named recipient. Retailers then fill out Form 13,208, The Affidavit of Christmas Gifts, and forward the information to the IRS for national list tabulation.Details