Good news for tax payers thanks to a crook in government.

GOP Congressman Intros 'Rangel Rule,' Eliminating IRS Late Fees The Texas Republican introduced a bill Wednesday to eliminate all IRS penalties and interest for paying taxes past due.

FOXNews.com

Wednesday, January 28, 2009

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.

"Your citizens back home should have the same rights and benefits that come to you as a member of congress. You shouldn't be treated any differently under the law than your citizens back home," Carter said.

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.

Carter penned a letter to Rangel earlier this month requesting that he either pay the IRS fees or join him in co-sponsoring the legislation establishing the rule.

"As Chairman of the House Ways and Means Committee, I believe you set an example for all American taxpayers in your dealings with the IRS, and that you must do so in a way that enforces blind justice without regard to wealth or status," he wrote in the January 6th missive.

A spokesman for the New York Democrat would not comment on the state of the tax issue, which is currently under investigation by the House Ethics Committee, but did respond to the Carter bill.

"This legislation is unnecessary. All taxpayers currently receive equal treatment under the law," Rangel spokesman Emile Milne said.

Carter, a former judge, said he is trying to focus in a what he believes is a double standard and add some levity to the debate.

"I am raising this issue not so much to just push the issue but to open the discussion. I don't think it's wrong for us to start having a free discussion in congress and with a certain amount of humor in it about how should people be treated in congress," he said.

quote:

"Your citizens back home should have the same rights and benefits that come to you as a member of congress. You shouldn't be treated any differently under the law than your citizens back home," Carter said.

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Unfortunately this will only happen as soon as pigs fly which I've not seen yet here in Texas.
They legislate YOUR laws and abide by Theirs!

Where's Steven Segal when you need him?

quote:

Originally posted by HemiFun05:
Unfortunately this will only happen as soon as pigs fly which I've not seen yet here in Texas.
They legislate YOUR laws and abide by Theirs!

I'm not so sure. This is a big deal right now.

http://www.youtube.com/watch?v=Y2y-K5j7Qyg

http://www.youtube.com/watch?v=V_n1KOFVtHo

On the other hand, you're probably right as seen below.

http://www.youtube.com/watch?v=xzIQRLt4qWE

Let's add in broken promises by this administration. It makes for good reading and a nice laugh.

We’ll Be More Honest, Open, and Ethical Than Republicans Were
http://republicanleader.house....npromises/index.html

Charles Rangel, king tax cheat, introduces a new bill to go after tax cheats.
Irony buddy!!


October 28, 2009

Categories:House Democrats

Rangel introduces offshore tax-cheat bill Every tax bill introduced by House Ways and Means Chairman Charles Rangel (D-NY) is getting the once-over from the GOP, so it's no surprise they took note of a bill, introduced by Rangel and Senate Finance Committee Chairman Max Baucus (D-Mont.) cracking down on offshore tax cheats.

The "Foreign Account Tax Compliance Act of 2009" -- introduced by Baucus and Rangel in conjunction with the Obama administration -- would mandate Individuals with offshore accounts provide details and list them on tax returns. Rules governing trusts would be "significantly strengthened" to prevent the true beneficiaries from hiding front entities.

"This bill offers foreign banks a simple choice - if you wish to access our capital markets, you have to report on U.S. account holders," said Rangel, in a statement posted on the committee's homepage. "I am confident that most banks will do the right thing and help to make bank secrecy practices a thing of the past."

Rangel has never been accused of committing any of the tax shelter shenanigans the bill targets, but he has admitted to underreporting assets on his House financial disclosure forms and reportedly failed to document income from a condo he owns in the Dominican Republic.

And that prompted this response from a National Republican Congressional Committee spokesman Tory Mazzola: "Is tax-cheat Charlie Rangel really the best watchdog?... Maybe it's because he knows where the loopholes are. He's taken 'do as I say not as I do' to an embarrassing new low."

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Charles Rangel, king tax cheat, introduces a new bill to go after tax cheats.
Irony buddy!!

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Old Charlie's motto: "May the best cheat WIN"

***FART***