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: Instapundit.comNEW YORK POST: Fire Rangel. Among other things, Rangel?s bill would even prohibit the IRS from ?
By Glenn Reynolds
NEW YORK POST: Fire Rangel.
Among other things, Rangel’s bill would even prohibit the IRS from forgiving taxpayers who erred in good faith — though that would be a very generous interpretation of his own tax troubles.
In just the last year, Rangel has been forced to file late-disclosure reports involving millions in income from land transfers and unreported business deals.
Such transgressions should preclude Rangel from even voting on tax legislation, let alone writing any.
Indeed. But taxes are for the little people. Though do Rangel’s problems really add up to millions? I didn’t realize that, but it’s hard to keep track of all the scandals that have been dribbling out . . . .
UPDATE: Reader David Kolbe writes:
Rangel?s most recent ?million dollar problem? is not technically with taxes or reporting income to the IRS, but with his congressional financial disclosure. The Congressional disclosure problems add up, potentially, to over a million dollars. The tax issues we know about for him are the failure to report about $75,000 in income from his Caribbean retreat and his claim of property tax reductions on his DC house when he was also claiming one or more homes in NY as his principal residence. He hasn?t, as far as I?m aware, released his tax records, so we don?t really know how much he?s
cheated oninadvertently underpaid his taxes, only that hecheatedforgot to disclose at least some income. He?s screwing up so many different ways it?s hard to keep them all straight.Did his failure to report assets and transactions on his Congressional disclosure carry over to his taxes? With the House Committee on Standards of Official Conduct running interference for him the world may never know.
It is hard to keep it all straight, even if you’ve been paying attention. And I get the feeling that that’s the way he likes it . . .
Full post as published by Instapundit.com on September 02, 2009 (boomark / email).
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