A huge event is being planned at our nation's capital. The American Mustache Institute is hammering out the details for the Million Mustache March, as part of its campaign to promote facial hair and convince lawmakers to promote government incentives for mustaches.
These mustache aficionados are asking congress to pass the STACHE Act, the Stimulus to Allow Critical Hair Expenses, which, according to the proposed bill, would provide a $250 annual tax deduction for expenditures on mustache grooming supplies.
Research conducted by the AMI asserts that Americans earn 4.3 percent more money when they have mustaches. Therefore, by giving awards and incentives to the mustache growth, the government can effectively boost the economy.
Given the clear link between the growing and maintenance of mustaches and incremental income, it appears clear that mustache maintenance costs qualify for and should be considered as a deductible expense related to the production of income under Internal Revenue Code Section 212, wrote Dr. John Yeutter, a tax policy professor at Northeastern State University, in a 2010 white paper supporting the legislation, according to Yahoo.
Yeutter's researched also suggested that the mustache community is largely underrepresented in Congress. Only 34 members of the House of Representatives and one member of the U.S. Senate have mustaches. Yeutter said, however, that at various times, Congress has provided tax incentives for specific segments of society. For example, the Job Creation and Worker Assistance Act of 2002 recognized the contributions of teachers and allowed reimbursements and special deductions for teaching supplies. Giving incentives to facial-haired individuals would be the same thing.
Long ago U.S. citizens tired of being called 'Ugly Americans,' along with our scientific analysis, demonstrated that good-looking mustaches increase good looks by 38 percent, said Dr. Aaron Perlut, chairman of the American Mustache Institute, reported Yahoo. But those good looks come at a price--in the form of purchasing mustache trimmers, wax, coloring products and bacon. Now it's the government's turn to support our economic needs.
AMI is receiving support from various places. H&R Block has openly supported the STACHE Act.
We're very serious that Americans should never settle for less when it comes to getting the tax deductions they're entitled to, said Scott Gulbransen of H&R Block, according to Yahoo. That's why we are supporting the American Mustache Institute's STACHE Act movement by making charitable contributions to Millions From One for every participant in the campaign.
Celebrities including John Oates, Ellie Kemper and Major League Baseball player John Axord have agreed to support the mustache effort and create campaign-style videos.