NEW TAX LAW

The only thing that Revenue Canada has not yet taxed is the penis.
This is due to the fact that 40% of the time it is hanging around unemployed, 30% of the time it is hard up, 20% of the time it is pissed off and 10% of the time it's in the hole.
It has two dependents, but they're nuts.

Effective January 1, 2000, penises will be taxed according to size.
The brackets are as follows:

10"-12" Luxury Tax
8"-10" Pole Tax
5"-8" Privilege Tax
4"-5" Nuisance Tax
Males exceeding 12" must file under capital gains. Anyone under 4" is eligible for a refund.

PLEASE DO NOT ASK FOR AN EXTENSION!

Issues still under consideration are as follows:
Are there penalties for early withdrawal?
Do multiple partners count as a corporation?
Are condoms deductible as work clothes?