There have been complaints about a lack of “coordinated reponse” to the Gulf oil spill, but rest assured, the IRS response will be very coordinated:

WASHINGTON (AP) – The Internal Revenue Service wants its cut from oil spill victims who receive BP payments for lost wages.
The agency says that under current law, BP payments for lost wages are taxable—just like the lost wages would have been.
The IRS is planning to hold forums in seven cities in the Gulf region on July 17 to help oil spill victims with tax troubles or questions.

Because nothing will help lift the spirits of people who have lost their livelihoods better than a day at an IRS tax seminar and later trying to figure out how to write off tar balls as dependents.

Jumping on the cash as BP dumps it in the area before the money has a chance to get away is known in IRS circles as a “top kill.” Couldn’t the IRS have its agents at least wash a turtle or something useful while they’re down there?

The government has sent a team of attorneys from the Justice Department and some thumb-screw weilding collectors from the Internal Revenue Service to the Gulf, and yet the leak hasn’t yet been plugged. Better send more bureaucrats!

Update: And the hits keep on coming: Joe Biden will travel to the gulf on Tuesday. Can Plugs plug the hole? Now that would be a “big f-in deal.”


10 Responses to “Hang in There, Gulf Coast Residents — The IRS is Coming to the Rescue!”

  1. nannykins on June 25th, 2010 3:55 pm

    Let's see…. this is the same IRS that allowed 900+ inmates to illegally claim the home buyers incentive to the tune of $9 million? And how many millions of dollars is BP going to "squander" on payments to those who do not deserve it? All under the watchful eye of the IRS? AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHH!!!!

  2. Clu Seatoe on June 25th, 2010 8:55 pm

    While I can sympathize with those hard hit in the Gulf, I can't think of a reason why their substitute income should be tax exempt. I can see where maybe they should receive a payout equal to the highest year of the last five years according to their past individual tax returns but it shouldn't be tax free.

  3. Nanny on June 25th, 2010 10:24 pm

    Oh I agree with that – but the thought that the IRS has to go to the gulf with their handcuffs and make sure that they get their cut while allowing prison inmates and illegal aliens to cash in on the home buying credit just galls me. Every legitimate resident of this disaster should get compensation but under gubernment control how much BP money is going to be given away to people who don't deserve it and those gubernment employees just saying OOps, sorry.

  4. Doug on June 25th, 2010 11:01 pm

    Agreed… nobody says their BP replacement income should be tax exempt, but it's pretty funny in a sad way that the IRS is getting there before the Dutch skimmers that were offered over two months ago, or the containment boom that's been sitting in a warehouse in Maine.

  5. OK_Loyalist on June 25th, 2010 11:49 pm

    Spot on, again!

  6. OK_Loyalist on June 26th, 2010 2:49 am

    Does this mean Irwin R Shyster has morphed into I'm Really Schutzstaffel ???

  7. amy on June 26th, 2010 4:32 pm

    The writer of this article is an asshole.

  8. Nanny on June 26th, 2010 8:18 pm

    Did Nick have a sex change operation?

  9. OK_Loyalist on June 27th, 2010 12:37 am


  10. imoforpcs on May 2nd, 2017 4:25 pm

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