The Washington Post’s Style Invitational asks readers to take any word from the dictionary, alter it by adding, subtracting, or changing one letter, and supply a new definition. One of the the 2001 winners:

Intaxication: Euphoria at getting a tax refund, which lasts until you realize it was your money to start with.

My non-tax favorite:

Ignoranus: A person who’s both stupid and an asshole.

Update: This post sparked a Friday afternoon discussion on the TaxProf Discussion Group, and the irrepressible Jim Maule (Villanova) offered these additional tax examples (reprinted here with Jim’s permission):

Biddie Tax: imposts imposed on older ladies

Cadify: what Congress does when it puts stuff into the tax law for the benefits of jerks

Excrude: the refinery product on which certain liquid fuels taxes are imposed

Gros Income: the starting point for French income taxation

Grass Income: the source of increased wealth for marijuana dealers

Like-Kin Exchange: transaction in which dependents are swapped

Nunrecognition: what happens when a female member of a religious order realizes gain

Reelization: tax policy reflected in the recent tax break for fishing tackle boxes

Repeel: trying for a second time to get to the banana

Wrecognition: what’s used to start the tow truck