The revelation is the latest in a litany that has come to light since the summer. It was disclosed that Mr. Rangel was paying below-market rents on four Harlem apartments. One, which he has since given up, was illegally used as a campaign office. He owed taxes on at least $75,000 in rental income on a vacation home in the Dominican Republic. (He has since paid $10,800 to the IRS and New York State for three tax years and has hired a forensic accountant to determine how much he owes for the remaining 17 years.) Mr. Rangel underreported the value of a condominium he and his wife owned in Florida. He neglected to fully account on House travel disclosure forms for some privately sponsored trips. And he used his official stationary to ask for meetings to discuss his eponymous school of public service with titans of business and philanthropy.
—Washington Post
Sunday, November 30, 2008
Washington Post Calls for Charlie Rangel to Step Down as Chairman of Ways and Means Commitee
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So many of the elitist illuminati are doing illegal things, and not being punished for it. That needs to be stopped, or everyone will need a bailout.
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