I am updating the course materials for my 2012-2013 CalCPA course “Tax Planning and Compliance for Multinational Families.” In doing so, I went to Rev. Proc. 2011-52 in order to confirm the latest gift tax exclusion amounts. ($13,000 for 2012, $139,000 for gifts to noncitizen spouses, if you care).
Immediately below the provision I am interested in (Section 3.31), I found the following update to tax. I bring you, in all of its glory, Section 3.32 of Rev. Proc 2011-52:
Tax on Arrow Shafts. For calendar year 2012, the tax imposed under § 4161(b)(2)(A) on the first sale by the manufacturer, producer, or importer of any shaft of a type used in the manufacture of certain arrows is $0.46 per shaft.
I am embarrassed for the United States of America. Chicken-shit stuff like this is not what winners do. Tax on arrow shafts, FFS.
Those of you at the Service who are tasked with the enforcement of this tax–you are wasting your life. Quit and go do something productive.
At Chief Counsel’s office, there is a lawyer who is assigned to this Code Section. I won’t mention your name here. We’ve never met. I found you listed as responsible for Section 4161 as part of the Office of Chief Counsel Telephone Directory.
No offense meant, and I’m not picking on you. I’m not saying you are doing a bad job. The lawyers I have dealt with at Chief Counsel’s office have been on the ball and on top of their subject area. You probably are, too.
I’m just saying that you’ve been assigned an utterly worthless task, and tolerating this in your life will destroy your soul.
Quit. Or get re-assigned to something that matters. You only live once. Make it count.