Federal Swag 

The act of having so much swag that the federal government wants to tax it.

Elton John is rockin' his federal swag.

Federal Swag by Salty4444 September 27, 2011

Federal Swagg 

Having so much swagg that the government wants to tax it to get out of debt

Have you seen Johnny lately? He really stepped his game up. He's rockin' that federal swagg

Federal Swagg by Holddeeznutz June 27, 2011