Incorrect useage of the email shorthand 'laughing out loud' will be subjected to an automatic £1 penalty after Tuesdays budget. Chancellor Gideon Osborne has indicated that social networking sites such as twitter and facebook will be the main targets for policing of the new tax. Mobile phone text messages will also be hit hard.
"With all these teenagers using what was once the seldom used acronym typed in after a particularly witty email or messaging exchange, as a general do it all expression for pretty much absolutely anything, I'm confident that the entire defecit will be cleared by the end of August" is the leaked opening statement, and it continues in the same vane with, "I shall appoint a LOL Tzar, who will head a LOL quango, to ensure the legislation is implemented correctly."
A random poll of facebook status updates found 9.4 million incorrect uses of LOL in a 3 minute period across just 1000 sample accounts, with some of the afformentioned updates attracting a tenfold use of LOL for every added comment. The worst offenders were starting and ending sentences with LOL, with a few LOL's thrown in for good measure.
In a further development, rumours of a grammar tax have neither been confirmed or denied by the treasury.
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Budget leaks, "LOL tax will raise billions" predicts Osborne.
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The Return of DroleNoel
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