Little Tommy's warming his buns on Tax-Cheat Beach, too.
Posted on 02/27/2010 1:40:34 AM PST by HospiceNurse
The House ethics committee says Rep. Charles Rangel's aides tried at least three times to show him that his Caribbean trips had corporate sponsors, but he denies seeing any of the written communications.
The ethics committee report released Friday is important in determining how aware Rangel was that he was receiving corporate gifts. The powerful Ways and Means Committee chairman says he did nothing wrong because his staff never told him about corporate sponsors.
The report says investigators could not determine whether Rangel, D-N.Y., saw two staff memos to him in 2008 and a letter addressed to him in 2007.
Rangel refuses to step aside as top House tax writer because of the report, which accuses him of violating rules governing gifts that lawmakers can accept.
(Excerpt) Read more at news.yahoo.com ...
Did he use his bro’s dentures?
gotta comment?
answer to Rangel: REV. MICHEL FAULKNER
He will fix the Rangle problem if the Dems won’t....
Aw c’mon, give the guy a break. It’s easy to see how he could have missed the staff memo.
He was probably sitting in his rent-controlled office, counting his money and shredding tax documents, wondering where he parked that car he lost a few years ago, and daydreaming about the eternal grandeur of the having a college named after him...when the phone rang and it was his Carribean agent asking whether he wants the rent reports in English or Spanish.
And-—in keeping with the Sandy Berger/Phil Jones excuse-—his staff will tell us next week that he’s a total slob whose desk is always a mess.
It’s completely understandable that he “didn’t get the memo”.
(1) Took a "homestead" tax deduction meant for year-round DC residents - though he legally resides in New York.
(2) Rangel paid no taxes on his luxe property in the Caribbean;
(3) Has four rent-stabilized apartments (one is a campaign office);
(4) Improperly stored his car in a House parking garage;
(5) The NY Times reported oil-drilling businessman Eugene Isenberg made a $1 million pledge toward building The Rangel School for Public Service at City College of New York. Rangel later preserved a controversial offshore tax loophole that saved millions for Isenberg's company. The Isenberg-Nabors deal is, potentially, far more serious: It reeks of a quid pro quo between Rangel's official duties and fund-raising for his personal project. The Times reported that Rangel held meetings the same day, at the same hotel, with Isenberg to discuss the CCNY project and then with Nabors' chief lobbyist on the tax loophole.
(6) Took free trips sponsored by corporate lobbyists.
(7) Can Rangel prove where he spent $2 million from Congressional allocations, plus another $700,000 from the Dept of HUD) that went to the tax-exempt Charles B. Rangel Center for Public Service?
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Rangel's multiple ties with tax-exempt foundations smell to high heaven. Rangel’s pricey real estate deals are entwined with his financial connections to several tax-exempt entities.
The IRS says the biggest potential for IRS fraud are tax-exempt non-profits doing deals with other tax-exempt non-profits----all posing as do-gooder "foundations" and “charities.” The NY Post reports at least three tax-exempt entities connected to Rangel‘s finances:
(1) The Charles B. Rangel Center for Public Service got $2 million from Comgressional allocations, plus another $700,000 from the Dept of HUD,
(2) The NY Carib News Foundation (organized financing for Rangel’s island-hopping luxe Caribbean trips),
(3) The Ann S. Kheel Charitable Trust---supposedly aids "disadvantaged neighborhoods" gave $440,000 to The Charles B. Rangel Center (the largest single donation in the charity's 4-year history). Theodore Kheel, Esq, VP of Grupo Punta Cana Operating Company, (mortgage holder on Rangel’s luxury villa), donated $17,000 to Rangel's congressional campaigns and $52,000 to a Rangel-run political action committee since 1990, federal filings show. (Ann Kheel is his late wife).
(4) The "tax-exempt Carib News Foundation" subsidized Rangel’s trips to luxury island resorts---perfect places to hide money from the taxman. The published list of known money-laundering havens includes Panama, the Bahamas, the Cayman Islands, the Cook Islands, Dominica, the Marshall Islands, Nauru, Niue, Panama, the Philippines, St. Kitts, Israel, and the Grenadines. Suspected tax havens include Cyprus, Gibraltar, Monaco, and Antigua.
QUESTION The owners extended Rangel's villa loan, due 1988. Interest was waived for Rangel. Can you say quid pro quo? Rangel eventually paid it off in 2003. How much of Rangel's loan payoff was hidden behind (A) Congressional earmarks? Or (B) from federal funds Rangel got for his "non-profit," then illegally converted for his own use?
The IRS has targeted tax-exempt non-profits as rife with fraud. There are zillions of ways n/p can siphon off tax-exempt money, and illegally convert it for personal and political uses. Donations from one tax-exempt non-profit to another non-profit are THE biggest scams. ....the way individuals skim off tax-free monies for themselves (the "donation” is kickbacked to the donor).
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Suspected tax fraud and tax law violations can be reported here
IRS TOLL-FREE 1-800-829-0433 (You may remain anonymous).
OAAG.Tax@tax.USDOJ.gov.
Ask the IRS to determine if taxes were paid (stolen money is taxable).
IRS TOLL-FREE 1-800-829-0433—-you may remain anonymous when reporting tax fraud.
Report fiduciary negligence; signing off on falsified documents here:
EMAIL askDOJ@usdoj.gov
FBI TIP PAGE http://tips.fbi.gov/ (you may remain anonymous)
Little Tommy's warming his buns on Tax-Cheat Beach, too.
What?
You couldn’t find a photo of Lil Timmy Geithner?!
Separated at birth?
EDDIE HASKELL, TREASURY SECRETARY
"You look wonderful today, President Obama."
" And how is your lovely, tall wife, our well-dressed, toned and buff First Lady?"
"And those adorable children you sired when you finally managed to nail the assertive fem/libber in the sack?"
I thought I was the only one to connect the two. Yes they are sloppy individuals that only make mistakes that make them richer.
He might be a “powerful” guy, but being a paperwork Queen, I know you don’t want to mess with some of your underlings.
Be careful who you throw under the bus Charlie...some people will NOT go down with the ship, even if it’s docked in the Carribean.
Rangel, a black congressman, will get by because he is a democrat and all know that there are two sets of laws in America and the democrats have special rights that conservatives do not.
There is a judge in heaven who they do not believe in and He will judge them by Jesus Christ our Lord and Saviour.
It is sad that America is now but another pagan nation.
You know the guy is scum when he throws his own staff under the bus.
Since he lied about his income, he may not have been eligible for the rent subsidies. It's known in the legal community as 'fraud'.
Ethics Committee is a toothless pussy cat.
Anyon placed on it should be ashamed to even show up for a hearing.
Venturer wrote: “Ethics Committee is a toothless pussy cat.”
..... I respectfully disagree. The ethics committes has plenty of teeth. A number of Republican congressmen can bear witness to the effect of its bite. But in the case of Rangel we are seeing the complete CORRUPTION of congressional ethics standards by the Democrats with the complicity (yet again) of the major media who are studiously ignoring the story to death.
Now, wait just a minute! (Arlen Specter tone) I have been to the Caribbean islands. How do you expect anyone to be able to read when all that sand is blowing right in their eyes?
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