Friday, April 22, 2005

Oprah hoses audience

On the TaxProf blog is a link to a hilarious Jon Stewart spoof of Oprah giving away free cars to her audience. The spoof chronicles a CPA who was in the audience. His reaction was one of complete devastation because the audience members would all be obligated to tax that car at nearly 1/3, resulting in $10,000 being owed to the IRS. The spoof is complete with ominous music and lots of other tomfoolery.