Eeep! Seems that Palin's clothing issues has implications beyond regular income tax, such as payroll tax! (Not something I did much of, except for very small businesses on a quarterly basis long ago.) I guess it really will hinge on if it is a "loan" from the RNC, and if that will stand up in court, should it come to that.
Palin's New Clothes Augur Tax Troubles The author is a "Georgetown University law professor". I don't know what sort of law he practices.
edit:
And just for fun... here's a
nifty little photo/paper doll collection of smart ensembles for Sarah, if bought from WalMart, Sears, Target & KMart. You know, the places most "hockey moms" often shop at. Although personally, I would not shop at WalMart, tho I do shop at Target.