Men With Moustaches Could Be the Unlikely Savior of America's Economy

On Capitol Hill this week, the Members of the American Mustache Institute were promoting the Stimulus to Allow Critical Hair Expense Act, or the STACHE Act. The STACHE Act calls for a $250 tax-break for men with facial hair. The AMI’s basis of argument is that these men are better looking than the rest of Americans anda are strong contributors to the economy, as they have to spend more on hair care.

In fact, AMI Chairman Aaron Perlut claims an annual hair care cost of $1000-$1500.

Don’t worry, women, this act isn’t biased. Perlut says anyone with hair care costs would be eligible for the $250 annual tax refund.

The bill may have difficulty getting passed because of lawmakers' focus on addressing the budget. But, maybe other legislation should also focus on getting more men to grow mustaches. A study done by John Yeutter, an associate professor of accounting and tax policy at Northeastern State University in Tahlequah, Okla. connects mustaches with increasing income. Growing more mustaches could help stimulate the American economy. AMI claims you could gain 4.3% more annual income than someone clean shaven.

Coincidently, some of the most influential people are mustached men: Albert Einstein, Theodore Roosevelt, Reggie Jackson, and yes Dr. Phil. The mustache is a facial hair style dating as far back as 300 B.C. illustrated on a Scythian horseman (handle bars, none the less). Who knew that the solution to solving the economy was right under our noses.

Photo Credit: Wikimedia Commons

How likely are you to make Mic your go-to news source?

Jesse Perez-Robicheau

Jesse Perez-Robicheau, holds a B.A. in Political Science/International Relations and Communications/Public Relations. His interests are foreign policy, journalism, and everything trending in international affairs.

MORE FROM

'Hot Mic' podcast: Tropical Storm Cindy, Housing for Grenfell fire survivors, Uber CEO steps down

The important stories to get you caught up for Thursday.

EPA committee told that "climate change will be de-emphasized" by Trump administration

A key advisory committee has been "totally decimated" ex-members say.

O.J. Simpson's parole hearing will be held in Nevada on July 20

The former NFL player is serving a minimum 9-year sentence for armed robbery, kidnapping and other charges related to a 2007 confrontation with two sports memorabilia dealers

Your favorite coffee could be going extinct thanks to climate change

Your caramel mocha frappuccino is in peril.

'Wall Street Journal' reporter fired over ethical violations

The reporter was allegedly part of a potential business deal with a source.

Sex crime advocates say 2 underage girls forced into sex during robbery are victims, not criminals

Prosecutors are charging the teen girls as adults for their involvement in an alleged robbery.

'Hot Mic' podcast: Tropical Storm Cindy, Housing for Grenfell fire survivors, Uber CEO steps down

The important stories to get you caught up for Thursday.

EPA committee told that "climate change will be de-emphasized" by Trump administration

A key advisory committee has been "totally decimated" ex-members say.

O.J. Simpson's parole hearing will be held in Nevada on July 20

The former NFL player is serving a minimum 9-year sentence for armed robbery, kidnapping and other charges related to a 2007 confrontation with two sports memorabilia dealers

Your favorite coffee could be going extinct thanks to climate change

Your caramel mocha frappuccino is in peril.

'Wall Street Journal' reporter fired over ethical violations

The reporter was allegedly part of a potential business deal with a source.

Sex crime advocates say 2 underage girls forced into sex during robbery are victims, not criminals

Prosecutors are charging the teen girls as adults for their involvement in an alleged robbery.