New York – A published report says Rep. Charles B. Rangel has earned more than $75,000 in rental income from a villa he owns in the Dominican Republic, but never reported it on his federal or state tax returns.
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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.
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.
shound/t criminal charges be filed against him?
A typical democrat. The American people need to pay more, and he gets away with this!.
GO McCain
GO Palin
No criminal charges. The money was Not income, it was just for stashing in his refrigerator.
That picture is a riot! You can almost see the drool coming out of the corner of his mouth.
exactly they are all full of it
I can think of dozens of ways he can avoid taxes on this property- especially since it’s out of the US
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?
He should pass an amendment to the Code exempting his villa from tax.
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.
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.
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.
Did he have a foreign bank account and forget to report it?
Typical DemocRAT!
anon 2:05 – i actually thought that was al sharpton in the photo before i read the caption.
Rangel is and was always a Crook…
the guy looks like a beached whale
I don’t really care about this. But i do care that it is always the Democrate.