Skip to comments.Rangel Supports Higher Taxes, He's Just Not For Paying Them
Posted on 08/01/2009 7:22:04 PM PDT by Iam1ru1-2
House Ways and Means Committee Chairman Charles Rangel (D-NY) is one of the drivers of a 5.4 percent income tax surcharge in order to help pay for the Democrats' nationalization of health care. Taking a look back at Rangel's personal tax history, however, it's easy to see why he's so keen on the proposal -- he isn't likely to pay any of it himself. The Wall Street Journal published a refresher course in Rangel's tax history this week, reminding us all of the scams that he's put forth in order to dodge taxes on his now famous Dominican villa.
Rangel failed to report $75,000 in real estate income from the villa, which commands $1,100 per night during the peak season and is rarely -- if ever -- vacant. He has blamed his wife for not keeping the books properly (bet that went over well), and he has blamed the locals for speaking Spanish, but he has never come completely clean about how such a large mistake could be made on his returns year after year. Rangel has promised to rectify the situation but he still has not filed the corrected paperwork. Nor has he paid the overdue taxes. Nor is the IRS knocking on his door.
There have also been issues surrounding rent-controlled apartments that Rangel occupies in Harlem. It turns out that he has played fast and loose with the income-reporting rules so that he can still be eligible for rent-control status, which allows him a steep discount below market value.
We could go on about the other four issues about which the House Ethics Committee is investigating Rangel, but the picture is already clear. He's in deep for years of tax evasion and questionable real estate ventures, but Charles Rangel is still perfectly comfortable telling us that a 5.4 percent tax surcharge is "the moral thing to do."
Speaking of housing corruption, a Countrywide official testified before the House Government Reform and Oversight Committee and the Senate Ethics Committee that Sen. Chris Dodd (D-CT) did in fact know he was the recipient of a sweetheart deal on two mortgages as part of the unofficial "Friends of Angelo" program. Angelo Mozilo, the founder and former CEO of Countrywide, was able to snag fixed rates of 4.25 percent and 4.5 percent on mortgages for the Senate Banking Committee chairman. Suddenly, Dodd's re-election chances just got slimmer.
vote the bastard out in 2012
How? His district is so full of disgusting, useless, worthless liberals who would vote for Hitler or Osama provided they ran as Democrats.
The “cult” supports a lot of things they don’t want or require of themselves, but they’re for the little guy, riiiiiight.
Liberals are the worst kinds of traitors. Liberals as a rule do not pay taxes and prefer other people to pay the taxes that they steal to pay for their own pet projects and their own creature comforts.
Laws are for the little people, not the lords and masters.
All Democrays support higher taxes. No Democrat politican pays taxes.
Stand up Chuck! It's time to be patriotic
time to jump in, time to be part of the deal, time to help get America out of the rut.
I can’t comment on Charles Rangel.
If I said what I’m thinking I’d get banned from the forum.
bump for reference