…the chair of the House Committee that writes our tax laws didn’t know that he’d been given an interest-free loan for a luxury Caribbean Villa, didn’t know that he was getting taxable income off of rentals from said villa, and didn’t know that he had a duty to report and disclose and report the $75,000 in income from said rentals that apparently slipped his notice?
Riiii-iiiight. This would be the same guy who didn’t know how he somehow was able to accumulate four rent-controlled apartments in New York City, and didn’t know about laws against using rent-controlled apartments for purposes other than a primary residence.
Rangel’s either a corrupt liar, or he’s shockingly ignorant of laws a man with his position and responsibilities ought to know about. Either way, he should be stripped of his chairmanship.
I’m not holding my breath.