Posted on 09/13/2008 4:15:38 PM PDT by NormsRevenge
WASHINGTON - Even when Rep. Charles Rangel tries to explain how he got into his tax mess, he mangles the facts so much it's easy to see how his accounts — and accountants — are muddled. And this from the lawmaker who has such a big say in determining who pays taxes and how much.
The chairman of the tax-writing House Ways and Means Committee spent the past week reeling from a series of embarrassing revelations: He failed to report about $75,000 in rental income over two decades from a beach villa he owns in the Dominican Republic; he owes about $5,000 in back taxes to the government; he never knew he paid no interest on the villa's mortgage for more than a decade.
The New York Democrat is resisting calls from Republicans that he should lose his committee post, among the most coveted on Capitol Hill. The House ethics committee has begun inspecting Rangel's personal and professional life.
(Excerpt) Read more at news.yahoo.com ...
And he wants to tax multi-trillions from us?
Get the hell out, Rangel.
You! can be a millionaire and never pay taxes. How can I be a millionaire and never pay taxes, Steve, you may ask.
First...get a million dollars. And then...when the tax man comes to your door, say, "I forgot to pay my taxes". Works every time.
Pelosi says her administration is the most ethical in history?
Rangel should be thrown out with yesterdays bath water. Only thing is yesterdays bathwater is a lot less dirty than Rangel.
Pelosi says her administration is the most ethical in history?
Rangel should be thrown out with yesterdays bath water. Only thing is yesterdays bathwater is a lot less dirty than Rangel.
Plus his four rent controlled apts.
and large, luxury ride...
for the people
/s
Isn't he the Chairmen of House Ways and Means? That has it's hand in tax policy and he can't even abide by the rules?
We need a new clean slate of leaders as well and a platform of "10 Reforms for America".
The RNC should pay me for this....
“He failed to report about $75,000 in rental income over two decades”
BULLSH!T! That place rents for $1,100 a night from December 15th thru April 15th, and the condo manager says it’s always booked solid! There is NO WAY that $75,000 is all he made in two decades. The 75 Gs are just the tip of the iceberg! Keep digging!
Rangel is Obama 2033.
The NY Post reported Rangel arranged for the Charles B. Rangel Center for Public Service to get $2 million via Capitol Hill allocations, plus another $700,000 from the Dept of Housing and Urban Development.
The IRS has tapped tax-exempt foundations and non-profits as major fraud machines. There's zillion ways, these entities can defraud the IRS, evade the SEC and US banking laws.
(1) Email your concerns about Rangel misusing tax-exempt revenue. EMAIL enforcement@SEC.gov
(2) Report suspected tax fraud and tax law violations IRS TOLL-FREE 1-800-829-0433 (You may remain anonymous).
(3) Report government fraud: EMAIL askDOJ@USDOJ.gov.
==================================================
RANGEL SHOOK-DOWN CORPORATIONS FOR DONATIONS to The Charles B. Rangel Center for Public Service shaking down corporations and foundations for donations on his Congressional letterhead.
Authorities need to determine whether RANGEL colluded with donors (who are officers of publicly-held companies).
Donor schemes may have included misusing corporate reserve accounts, concealing losses, inflating asset values and improperly accounting for transactions, as well as deferring profits into reserve accounts, improperly shifting capital funding to other projects to hide illegal payments to The Charles B. Rangel Center for Public Service.
Corporations may have colluuded with The Charles B. Rangel Center for Public Service to employ money-laundering schemes to evade the IRS, SEC, FEC and US banking laws.
EMAIL enforcement@SEC.gov
NOTE WELL: The biggest IRS fraud is non-profits writing checks to non-profits.
Report suspected tax fraud and tax law violations IRS TOLL-FREE 1-800-829-0433 (You may remain anonymous).
Who is the bag man for Charlie's tax cheating?
What goes around comes around.
If Rangel is incompetent he shouldn’t be Chairman of the House Ways and Means Committee.
If he’s NOT incompetent, he’s dishonest and shouldn’t be in any position of responsibility.
Either way, he should be railroaded. Today.
The difference between “rent subsidized” and “rent controlled” is simply a question of who makes up the shortfall, the landlord or the taxpayers.
A distinction without a difference to object of the largess.
A culture of corruption.
He’s certainly not “reeling from a series of embarrasing revelations”
He got caught, he’ll pay up—just like any other democrat. Of course, a Republican would have had to step down, been the subject of an investigation, and most likely gone to jail.
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