BREAKING: Obama May Declare Bankruptcy

IRS officials are said to be poised to slap President Obama with a huge tax bill, so large the Democrat may have to declare bankruptcy.

At issue is the Gift Tax, and Mitt Romney’s announcement today that Paul Ryan will be his running mate.

“This announcement is a huge gift to Obama.  In fact it is the largest gift I have seen in my career,” said one IRS official.  “We have appraisers working right now to try to assess the value of this gift, but so far the closest to a valuation we have gotten is ‘Priceless'”.  Once we have a better handle on the dollar value of this gift, we’ll be presenting the President with a bill.”

Independent experts say the value is so high that the tax bill will likely cause Obama to have to declare bankruptcy.

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One Response to “BREAKING: Obama May Declare Bankruptcy”

  1. BREAKING: DNC Gave RNC Millions « Politically Me Says:

    […] Politically Me this is my brain on politics « BREAKING: Obama May Declare Bankruptcy […]

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