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The second oldest profession has laid down a challenge to the oldest; the politicians are taking on the pimps. The Senate Finance Committee yesterday approved Senator Grassley's tax crackdown on pimps.
I have no doubt that where hundreds of years and thousands of laws against white slavery have failed, this tax bill will succeed. And no doubt the bill will provide additional IRS funding so the bill doesn't weaken efforts to catch tax cheats and crack down on tax shelters. Oh, and did I tell you about those pills you can order on the internet that make you irresistible to the ladies?
The Tax Prof has a roundup; the Tax Policy Blog has more.
UPDATE: State 29 nails it (but don't go there if you're easily offended).
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