Saturday, December 8, 2012

Tax Dodger


I have the unfair benefit
Of owning where I live;
It drains the hapless government
Like water through a sieve.

For if I were to rent my place
From Ebenezer Scrooge,
The increase in my housing cost
Would certainly be huge.

And as the spread is rather large
The taxman sees a gain:
Imputed Rental Income (Net),
Or some such term inane.

The word imputed is the key,
For with it they contend,
I ought to pay them income tax
On what I did not spend.

Although imputed income may
Increase the tax I pay,
I stand in awe of logic turned
In such an artful way.

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