Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

Tax Break for Mustache Wearers in Jeopardy?

Print comment Post Comments
FACIAL HAIR!!!!!!!!!!!!!!!!!
DailyFeed

A quick Google (GOOG) search reveals that Burt Reynolds’ mustache has at least two Facebook pages (one of which recommends setting up a case of domestic beer in a heart for Valentine’s day), along with a Tumblr, a Myspace, and a whole bunch of tribute videos. It also—along with the actor it’s attached to—played a starring role in the season premiere of FX’s (NWS) Archer.

Offline, the famous facial hair will soon find itself in a hallowed position at the heart of the federal government.

Backing up a little bit, this all started when Maryland Republican Congressman Roscoe Bartlett’s office sent a proposal for the ‘Stache Act to the House Ways and Means Committee. Naturally, the American Mustache Institute (a real thing, and sponsor of the annual Robert Goulet Memorial Award) took the move as a show of support for the act.

Unfortunately, Bartlett—who has had a mustache since the 1950s—says he never supported the measure and was not involved in the decision to send it to committee. His chief of staff, Deborah Burrell, told the AP: “"For the record: Roscoe is pro-stache, but he does not believe Americans should pay for people's personal grooming decisions."

Since, both Congressman Bartlett and Burrell have found themselves in trouble with a variety of groups. Bartlett—who’s currently seeking reelection—has been criticized by his opponents and accused of losing control of his office.

On her end, Burrell was accused of flip-flopping by the AMI, who claim that she reversed her support after the Congressman’s opponents began attacking him. However, the institute has decided to send her a signed picture of Burt Reynolds’ mustache as a “show of goodwill.” I’m sure it will feature prominently in her office.

At this point, no other representatives have voiced support for the act, which would provide a $250 tax deduction for “facial hair grooming.”

But, the AMI hasn’t given up quite yet. They’re currently sponsoring, along with H&R Block (HRB), the Million Mustache March (which, honestly, looks like and probably is a viral marketing campaign for the tax company) on April 1st. There’s also a petition.

And here I was, thinking politics had gotten too serious:

POSITION:  No positions in stocks mentioned.
TICKERS:  NYSE:HRB, NYSE:NWS, NASDAQ:GOOG   

TICKERS