Latest Rooney Outrage: Incorporates Himself, Saves 22% in Taxes!

Funny story written by Morse

Sunday, 31 October 2010

image for Latest Rooney Outrage: Incorporates Himself, Saves 22% in Taxes!
Rooney's Weekly tax Savings by being known as "Wayne, Inc."

Saying 'from now on just call me "Inc",' $320K a week "lover" Wayne Rooney announced his name change at a press conference at a local high end exotic car dealership where he was 'window shopping."

"Wayne Inc has a certain ring to it," said the smiling Spud Head, "I've always liked the sound of friends call me 'incky', and my accountant says it fits me!"

According to a representative of HM Revenue & Customs (HMRC), Sir Percey Jobsworth looking on, 'there's nothing the government can do as by incorporating himself, Rooney avoids 22% of taxes on his salary under a government loophole.'

Said Jobsworth, "Image rights paid to a corporation are taxed at the lower rate of 28%, while straight income to earners is taxed at the usual 50% here in the incorporating himself, 'incky' has saved himself a bundle!"

Once can only wonder about the percentages in that!

The funny story above is a satire or parody. It is entirely fictitious.

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