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New York - Dishonest Congressman Rangel Failed To Report Income |
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Sep 05, 2008 at 11:09 AM
News Source: WNBC
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Harlem Rep. Charles Rangel dozes on the beach at the Punta Cana Resort, where he owns and rents out a villa. He was squeezing in some vacation time before attending the Democratic convention. Photo Credit: NY Post
The New York Times says in Friday editions that documents and a lawyer for Rangel confirm that the congressman profited from the resort, but didn't pay taxes over several years.
Rangel is the chairman of the House Ways and Means Committee, which is responsible for federal tax code.
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An attorney for the congressman says Rangel will mostly likely file amendments for the years in which he did not pay taxes on the property.
Rangel says in a statement that he has asked his accountant to review tax data and verify the facts.
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Read Comments (17) — Post Yours »
1
Sep 05, 2008 at 11:14 AM Anonymous Says:
shound/t criminal charges be filed against him?
2
Sep 05, 2008 at 11:38 AM Anonymous Says:
A typical democrat. The American people need to pay more, and he gets away with this!.
GO McCain
GO Palin
3
Sep 05, 2008 at 12:16 PM murray Says:
No criminal charges. The money was Not income, it was just for stashing in his refrigerator.
4
Sep 05, 2008 at 12:25 PM It's Me Says:
That picture is a riot! You can almost see the drool coming out of the corner of his mouth.
5
Sep 05, 2008 at 12:26 PM eaxactly Says:
exactly they are all full of it
6
Sep 05, 2008 at 12:55 PM political analyst Says:
I can think of dozens of ways he can avoid taxes on this property- especially since it's out of the US
7
Sep 05, 2008 at 01:14 PM mt mehdi Says:
I can think of dozens of ways he can avoid taxes on this property- especially since it's out of the US
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Huh? Can you cite to the Internal Revenue Code?
8
Sep 05, 2008 at 01:28 PM Anonymous Says:
He should pass an amendment to the Code exempting his villa from tax.
9
Sep 05, 2008 at 02:05 PM Anonymous Says:
Another fat, lazy, tax and spend Democrat who thinks he is above the law. FIrst with a rent stabilized apartment used as an office and now this. He is another AL Sharpton in disguise.
10
Sep 05, 2008 at 03:27 PM tootired Says:
political analyst Says:
I can think of dozens of ways he can avoid taxes on this property- especially since it's out of the US
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Analyst, the issue is not property taxes but INCOME TAXES generated from the rental of the property. As a US citizen, Rangel must report worlwide income. And as chairman of the Ways & Means Committee, he sure as heck knew that, even if you didnt.
11
Sep 05, 2008 at 03:53 PM Anon Says:
He is a crook. When you read the articles about the daily rental rate - it is probably a few HUNDRED THOUSAND DOLLARS in unreported income over a few years - not just %75,000.
12
Sep 05, 2008 at 05:47 PM Anonymous Says:
Did he have a foreign bank account and forget to report it?
13
Sep 06, 2008 at 09:02 PM Anonymous Says:
Typical DemocRAT!
14
Sep 06, 2008 at 11:31 PM Anonymous Says:
anon 2:05 - i actually thought that was al sharpton in the photo before i read the caption.
15
Sep 07, 2008 at 12:59 AM Lock & Load Says:
Rangel is and was always a Crook...
16
Sep 07, 2008 at 09:48 AM Anonymous Says:
the guy looks like a beached whale
17
Sep 07, 2008 at 01:20 PM chaim Says:
I don't really care about this. But i do care that it is always the Democrate.