Censure All but Certain for Rangel in House

neptunechimney wrote: I am not holding my breath. Just wonder if he had to pay interest and penalties on his back taxes.

He has paid the Treasury $10,422 and New York state $4,501 to fulfill an ethics committee recommendation. The amounts were to cover taxes he would have owed on his villa income had the statute of limitations not run out on his tax bills.

Doesn't sound like interest and penalties to me. More like a single dinner party for some lobbiest friends.

LadyJazzer wrote: If the IRS is involved, and/or any State taxing departments, you can BET that P&I will apply... Their computers do it automatically, and it takes a special approval to override the computer.

He got special approval....just like Timmy Boy - D

JusSayin wrote:

neptunechimney wrote: I am not holding my breath. Just wonder if he had to pay interest and penalties on his back taxes.

He has paid the Treasury $10,422 and New York state $4,501 to fulfill an ethics committee recommendation. The amounts were to cover taxes he would have owed on his villa income had the statute of limitations not run out on his tax bills.

Doesn't sound like interest and penalties to me. More like a single dinner party for some lobbiest friends.

How soon we forget.....it's been two years since the Rangel Rule was introduced....remember this story?

Americans may be able to rest a little easier this April if Congressman John Carter, R-Texas gets his way.
Rep. Carter introduced a bill Wednesday to eliminate all IRS penalties and interest for paying taxes past due.
The legislation calls for the creation of what he calls the, "Rangel Rule," -- drawing attention to the recent legal issues of House Ways and Means Committee Chairman Charlie Rangel, D-N.Y., enabling citizens who fail to pay taxes on time to do so later with no additional fees.
Rangel, who writes the country's tax policies, acknowledged last fall that he failed to pay thousands in real estate taxes for rental income he earned from a property in the Dominican Republic.
As of September 2008 the Harlem Democrat reportedly paid back more than $10,000 in taxes but that did not include any IRS penalties.
He added that citizens should receive the "same courtesy" that the IRS is allegedly granting Rangel and Treasury Secretary Tim Geithner, who also recently acknowledged a failure to pay taxes.

Read more: http://www.foxnews.com/politics/2009/01 ... z174EUwqK9

Read more: http://www.foxnews.com/politics/2009/01 ... z174E4L0j5

Thanks for reminding RT...I think.

JusSayin wrote: Thanks for reminding RT...I think.

Your welcome....imagine the power Washington would not have over us if we had a flat sales tax instead of an income tax. Wesley Snipes would not be going to jail today. Rangel Rule would not be required for citizens.

The government, via income taxes, has made every taxpaying American a criminal.