The unicorn tax
I wish I could take credit for that headline. But it came to me in an e-mail via like-minded friends who daily stand in amazement at how our federal government functions.
The NY Times story this morning provides a classic example of financially penalizing a business for not doing something it had no human way of doing.
Behold the opening graphs of the story:
"WASHINGTON — When the companies that supply motor fuel close the books on 2011, they will pay about $6.8 million in penalties to the Treasury because they failed to mix a special type of biofuel into their gasoline and diesel as required by law.
"But there was none to be had. Outside a handful of laboratories and workshops, the ingredient, cellulosic biofuel, does not exist."
A unicorn tax, indeed.
